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Science-Related Homework Help Statistics and Probability Topic started by: lotusflwr on Mar 5, 2023

Title: Information regarding the starting salaries (in \$1,000) of samples of students in four different ...
Post by: lotusflwr on Mar 5, 2023

Information regarding the starting salaries (in \$1,000) of samples of students in four different majors is given below.

Majors

 Management Marketing Finance Accounting Sample size 12 10 9 14 Average 26 31 22 25 Sample variance 10 7 15 9

 a. Compute the overall sample mean . b. Set up the ANOVA table for this problem including the test statistic. c. At 95% confidence, determine the critical value of F. d. Using the critical value approach, test to determine whether there is a significant difference in the means of the three populations. e. Determine the p-value and use it for the test.

Title: Re: Information regarding the starting salaries (in \$1,000) of samples of students in four different ...
Post by: penmc on Mar 5, 2023
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