Question
A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of
A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees from each firm: How many months did you work before receiving a raise in salary? Using the following ANOVA table, is there a difference in the mean number of months before receiving a raise among the four firms? Use the 0.05 level of significance.
Analysis of VarianceSourceSSdfMSFpFactor34.44311.483.470.054Error36.42113.31Total70.8614
a.What are the null and alternate hypotheses?
b.What is the test statistic?(Round your answer to 2 decimal places.)
c.What is thep-value?(Round your answer to 3 decimal places.)
d.What is your decision regarding the null hypothesis?
e.Interpret the result.
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