Auditors must make judgments about various aspects of an audit on the basis of their own direct experience, Indirect experience, or a combination of the two. In a study, auditors were asked to make judgments about the frequency of errors to be found in an audit. The judgments by the auditors were then compared to the actual results. Suppose the following data were obtained from a similar study; lower scores indicate better judgments. If answer is zero enter "0. Direct Indirect Combination 16.5 16.1 24.6 18.5 23.1 23.4 16.0 21.3 22.4 18.4 19.2 26.5 20.7 23.2 28.3 16.7 20.6 25.0 13.7 22.1 23.6 Source Sum of Squares Degrees Mean Square p-value of Variation (to 2 decimals) of Freedom (to 2 decimals) (to 2 decimals) (to 2 decimais) Treatments Error Total
Auditors must make judgments about various aspects of an audit on the basis of their own direct experience, Indirect experience, or a combination of the two. In a study, auditors were asked to make judgments about the frequency of errors to be found in an audit. The judgments by the auditors were then compared to the actual results. Suppose the following data were obtained from a similar study; lower scores indicate better judgments. If answer is zero enter "0. Direct Indirect Combination 16.5 16.1 24.6 18.5 23.1 23.4 16.0 21.3 22.4 18.4 19.2 26.5 20.7 23.2 28.3 16.7 20.6 25.0 13.7 22.1 23.6 Source Sum of Squares Degrees Mean Square p-value of Variation (to 2 decimals) of Freedom (to 2 decimals) (to 2 decimals) (to 2 decimais) Treatments Error Total
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 13PT
Related questions
Question
Transcribed Image Text:Auditors must make judgments about various aspects of an audit on the basis of their own direct experience, Indirect experience, or a combination of the two.
In a study, auditors were asked to make judgments about the frequency of errors to be found in an audit. The judgments by the auditors were then compared
to the actual results. Suppose the following data were obtained from a similar study; lower scores indicate better judgments. If answer is zero enter "0.
Direct
Indirect
Combination
16.5
16.1
24.6
18.5
23.1
23.4
16.0
21.3
22.4
18.4
19.2
26.5
20.7
23.2
28.3
16.7
20.6
25.0
13.7
22.1
23.6
Source
Sum of Squares Degrees
Mean Square
p-value
of Variation (to 2 decimals) of Freedom (to 2 decimals) (to 2 decimals) (to 2 decimals)
Treatments
Error
Total
Use a- 0.05 to test to see whether the basis for the judgment affects the quality of the judgment.
The p-value is less than 0.01
What is your conclusion?
Conclude not all treatment means are equal
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