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Auditors make assessments on the bases of their individual experience, the experience of others, or a combination of experiences. A study of the auditors' methods

Auditors make assessments on the bases of their individual experience, the experience of others, or a combination of experiences. A study of the auditors' methods was performed. The average number of errors is recorded in Table 1.1. At = 0.10, test the claim that errors are equal.

Table 1.1
Individual Experience Experience of Others Combination
21.4 20.5 22.4
21.0 18.5 15.3
20.9 20.7 23.0
17.1 20.9 17.0
18.1 21.6 23.4
20.0 20.4 16.8
21.4 18.0 20.2
20.0 15.8 21.8
18.3 19.6 23.0
19.2 19.1 19.9
17.9 20.2 19.1
21.3 20.7 17.5
19.1 23.5 20.7
18.0 20.2 15.3
21.3 21.3 21.5
21.8 22.5 23.6
21.0 19.7 22.7
19.2 20.7 16.9
19.2 17.3

Select the correct answer:

  1. None of the answers match my ANOVA.
  2. The pvalue of 0.402 is greater than alpha = 0.10 and does not reject H0. It remains plausible that the audit methods are equal.
  3. The F test statistic of 0.208 is less than the critical value 2.406 and does not reject H0 at alpha = 0.10. It remains plausible that the audit methods are equal.
  4. The pvalue of 0.353 is greater than alpha = 0.10 and does not reject H0. It remains plausible that the audit methods are equal.
  5. The pvalue of 0.0998 is less than alpha = 0.10 and rejects H0. The audit methods are not equal.
  6. The F test statistic of 5.151 exceeds the critical value 2.406 and rejects H0 at alpha = 0.10. The audit methods are not equal.

Hint:

week # 9 analysis of variance ANOVA,

1-Way ANOVA.

Common errors include:

  • Incorrect significance level . = 0.10.
  • Not checking the Labels check box when Input Range includes data labels.
  • Checking the Labels checkbox when the Input Range does not include data labels.

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