A senior accounting major at Midsouth State University has j
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 how many months each worked for the firm before receiving a raise in salary. The sample information is submitted to MINITAB with the following results:
Reject H0 if F > . (Round your answer to 2 decimal places.)
At the 0.05 level of significance, is there a difference in the mean number of months before a raise was granted among the four CPA firms? (Click to select)RejectDo not reject
| 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 how many months each worked for the firm before receiving a raise in salary. The sample information is submitted to MINITAB with the following results: |
Solution
Using table/technology, as df1 = 4, df2 = 11, then at 0.05 level, the critical F value is
Fcrit = 3.356690021
Thus, Reject Ho if F > 3.36 [ANSWER]
*************************
As F = 4.40 > 3.36, then we REJECT Ho. [answer]
