You may need to use the appropriate technology to answer this question.Periodically, customers of a financial services company are asked to evaluate the company's 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 twofinancial 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 more experience has the higher population mean service rating. Assume the population variancesare unequal.Consultant AConsultant Bn, - 16n2 = 10X, = 6.81X, = 6.26s, = 0.69$2 = 0.75(a) State the null and alternative hypotheses.O Ho: H1 - H2 = 0H H - H2 = 0O Ho: H1 - H2 > 0H3: H - H2 = 0O Họ: H1 - H2 * 0H3: H1 - H2 = 0O Ho: H1 - H2 = 0Hai H1 - H2 # 0O Ho: H1 - H2 = 0H3: 1 - H2 > 0(b) Compute the value of the test statistic. (Round your answer to three decimal places.)(c) What is the p-value? (Round your answer to four decimal places.)D-value =(d) What is your conclusion?O Reject H. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.O Do not reject H,. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.O Reject H. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.O Do not Reject Ho. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.

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Uploaded: 2024-03-20T07:07:12.000Z
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Description: You may need to use the appropriate technology to answer this question.Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey i

we have given that n1=16 ,xbar1=6.81 ,s1=0.69 and n2=10 ,xbar2=6.26 , s2=0.75 and alpha 0.05

Periodically, customers of a financial services company are asked to evaluate the company's 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 a - 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Assume the population variane are unequal. Consultant A Consultant B 2- 10 - 6.26 n- 16 *- 6.81 - 0.69 $2- 0.75 (a) State the null and alternative hypotheses. O Hg: H - H2 "0 H - 2-0 O Hgi H - H2 > 0 H: H - H2-0 O Hoi H - H2 0 O Hoi H - H2 - 0 Hi H - H20 O Hgi H - H2 - 0 H H- H2> 0 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) (c) What is the p-value? (Round your answer to four decimal places.) p-value - (d) what is your conclusion? O Reject Ho. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating. O Do not reject Hg. There is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating. O Reject Hg. There is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 15PPS

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