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You may need to use the appropriate technology to answer this question. Periodically, customers of a financial services company are asked to evaluate the company's

You may need to use the appropriate technology to answer this question.

Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use

= 0.05 and test to see whether the consultant with more experience has the higher population mean service rating.

Consultant A Consultant B

n1 = 16

n2 = 10

x1 = 6.82

x2 = 6.27

s1 = 0.68

s2 = 0.75

(a)State the null and alternative hypotheses.

H0:1 2 0

Ha:1 2 > 0

H0:1 2 > 0

Ha: 1 2 0

H0:1 2 0

Ha:1 2 = 0

H0:1 2 = 0

Ha:1 2 0

H0:1 2 0

Ha:1 2 = 0

(b)Compute the value of the test statistic. (Round your answer to three decimal places.) ___________

(c)What is the p-value? (Round your answer to four decimal places.)

p-value = _____________

(d)What is your conclusion?

  • Reject H0. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.
  • Do not Reject H0. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.
  • Reject H0. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.
  • Do not reject H0. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.

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