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Topic 8 Assignment 3 1.78 points Exercise 12-13 (Algo) (LO12-2) A senior accounting major at Midsouth State University has job offers from four CPA
Topic 8 Assignment 3 1.78 points Exercise 12-13 (Algo) (LO12-2) 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 0.01 level of significance. eBook Analysis of Variance Source df Factor Error SS MS 3 37.68 12.56 8.97 0.001 14 19.54 1.40 F P Total 17 57.22 References Mc Graw Hill Required: a. What are the null and alternate hypotheses? Ho H b. What is the test statistic? (Round your answer to 2 decimal places.) The test statistic is c. What is the p-value? (Round your answer to 3 decimal places.) p-value d. What is your decision regarding the null hypothesis? Decision: Ho e. Interpret the result. There is in the mean number of months before receiving a raise among the four firms. Saved < Prev 3 of 14 Next > Help Save & Exit Submit Check my work
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