Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A random sample of 40 companies with assets over $10 million was surveyed and asked to indicate their industry and annual computer technology expense. The

image text in transcribed
A random sample of 40 companies with assets over $10 million was surveyed and asked to indicate their industry and annual computer technology expense. The ANOVA comparing the average computer technology expense among three industries rejected the null hypothesis. The mean square error (MSE) was 198. The following table summarized the results: Education Tax Services Food Services Number Sampled 10 14 16 Mean Expense (1,000,000s) 5 215 26 When comparing the mean annual computer technology expense for companies in the tax services and education industries, which of the following 95% confidence interval can be constructed? 16.5 + 2.026 x 5.830 16.5 + 2.021 x 5.830 16.5 + 2.021 x 16.9 16.5 + 2.026 x 16.96

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra And Trigonometry Enhanced With Graphing Utilities (Subscription)

Authors: Michael, Michael Sullivan III, Michael III Sullivan, Michael Sullivan 111, III Sullivan

6th Edition

ISBN: 0321849132, 9780321849137

More Books

Students also viewed these Mathematics questions