Question
You may need to use the appropriatetechnologyto answer this question. Periodically, customers of a financial services company are asked to evaluate the company's financial consultants
You may need to use the appropriatetechnologyto 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 has10 yearsof experience, whereas consultant B has1 yearof experience. Use = 0.05
and test whether the consultant with more experience has the higher population mean service rating.
Consultant A | Consultant B |
n1= 16 | n2= 10 |
x1=6.83 | x2=6.25 |
s1=0.66 | s2= 0.75 |
(b)
Compute the value of the test statistic. (Round your answer to three decimal places.)
(2.070 is incorrect)
(c)
What is thep-value? (Round your answer to four decimal places.)
p-value = (0.0247 is incorrect)
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