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 Variance
Source df ss MS F p
Factor 3 32.33 10.78 2.36 0.133
Error 10 45.67 4.57
Total 13. 78.00
a. What are the null & alternate hypothesis?
b. What is a test statistic?
c. What is the p-value?
d. What is your decision regarding the bull hypothesis?
e. Interpret the result
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