# Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch financial consultants and services (2000 Merrill Lynch Client Satisfaction Survey). Higher ratings on the client satisfaction surveyindicate 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, whereasconsultant B has 1 year of experience. Use a = .05 and test to see whether the consultant with more experience has the higher population mean service rating.Consultant AConsultant BП1По-= 16= 10= 6.826.25х1S1= 0.7= 0,8a. State the null and alternative hypothesesНо: И1 - 12| SelectHa: 1 2Selectb. Compute the value of the test statistic (to 2 decimals)c. What is the p-value? Use z-table.The p-value isSelectd. What is your conclusion?Select

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Asked Nov 16, 2019
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## Expert Answer

Step 1

The provided data is,

Step 2

(a) The null and alternative hypotheses are;

Step 3

(b) The value of the tes...

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