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eriodically, Merrill Lynch customers are asked to evaluate Merill Lynch financial consultants and services. Higher ratings on the client satisfaction surv ndicate better service with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with mo xperience has the higher population mean service rating. Round degrees of freedom to previous whole number. Excel File: data10-17.xlsx Consultant A Consultant B nį = 16 n2 = 10 a1 = 6.82 x2 = 6.25 s1 = 0.64 82 = 0.75 1. State the null and alternative hypotheses. Ho: µ1 - µ2 - Select your answer - Ha: Hi – 42 Select your answer - unluo E the tont

eriodically, Merrill Lynch customers are asked to evaluate Merill Lynch financial consultants and services. Higher ratings on the client satisfaction surv ndicate better service with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use a = 0.05 and test to see whether the consultant with mo xperience has the higher population mean service rating. Round degrees of freedom to previous whole number. Excel File: data10-17.xlsx Consultant A Consultant B nį = 16 n2 = 10 a1 = 6.82 x2 = 6.25 s1 = 0.64 82 = 0.75 1. State the null and alternative hypotheses. Ho: µ1 - µ2 - Select your answer - Ha: Hi – 42 Select your answer - unluo E the tont

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch 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 has 10 years of experience, whereas consultant B has 1 year of experience. Use = :0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Round degrees of freedom to previous whole number. Excel File: data10-17.xlsx Consultant A Consultant B Ni = 16 n2 10 T1 = 6.82 x2 = 6.25 S1 = 0.64 82 = 0.75 %| a. State the null and alternative hypotheses. Но: - Select your answer - Ha: Hi – 42 - Select your answer - b. Compute the value of the test statistic. (to 2 decimals) c. What is the p-value? Use Table 2 from Appendix B to find the values that bound the test statistic. Select your answer - V<p< - Select your answer - ♥ d. What is your conclusion? Select your answer -
Transcribed Image Text:Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch 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 has 10 years of experience, whereas consultant B has 1 year of experience. Use = :0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Round degrees of freedom to previous whole number. Excel File: data10-17.xlsx Consultant A Consultant B Ni = 16 n2 10 T1 = 6.82 x2 = 6.25 S1 = 0.64 82 = 0.75 %| a. State the null and alternative hypotheses. Но: - Select your answer - Ha: Hi – 42 - Select your answer - b. Compute the value of the test statistic. (to 2 decimals) c. What is the p-value? Use Table 2 from Appendix B to find the values that bound the test statistic. Select your answer - V<p< - Select your answer - ♥ d. What is your conclusion? Select your answer -
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