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Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? O Reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. (b) What are the sample median annual salaries (in $) for the two professions? Public Accountants Financial Planners sample median = $ sample median = $

Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? O Reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. O Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. (b) What are the sample median annual salaries (in $) for the two professions? Public Accountants Financial Planners sample median = $ sample median = $

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
Section10.5: Comparing Sets Of Data
Problem 1GP
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You may need to use the appropriate appendix table or technology to answer this question. Samples of starting annual salaries for individuals entering the public accounting and financial planning professions follow. Annual salaries are shown in thousands of dollars. Public Accountant 50.2 59.8 57.3 59.2 55.2 54.0 50.9 58.5 57.0 51.9 Financial Planner 50.0 49.2 54.1 54.9 50.9 54.6 50.7 52.9 51.8 49.9
Transcribed Image Text:You may need to use the appropriate appendix table or technology to answer this question. Samples of starting annual salaries for individuals entering the public accounting and financial planning professions follow. Annual salaries are shown in thousands of dollars. Public Accountant 50.2 59.8 57.3 59.2 55.2 54.0 50.9 58.5 57.0 51.9 Financial Planner 50.0 49.2 54.1 54.9 50.9 54.6 50.7 52.9 51.8 49.9
Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? Reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Reject Ho There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. (b) What are the sample median annual salaries (in $) for the two professions? Public Accountants sample median = Financial Planners sample median = $
Transcribed Image Text:Find the value of the test statistic. W = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? Reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Reject Ho There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the starting annual salaries of public accountants and financial planners. (b) What are the sample median annual salaries (in $) for the two professions? Public Accountants sample median = Financial Planners sample median = $
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