A senior accounting major at Midsouth State University has job offers from four

Question

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.)

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:

Explanation / Answer

Answer : Here F-calculated value = 3.74 from the above analysis of variance table MS of Factor is divided by MS error value gives 3.74 with the (3,10) degrees of freedom. Here (v1=3, v2=10); since v1= n1-1 and   v2 = n2-1.

   Therefore the F-table value= 3.71 with (3.10) , for the above analysis of variance table. Hence we reject the null hypothesis, F (calculated value) > F (table-value). Since it is significant (p<0.05).

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