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- The following data summarize the results from an independent-measures study comparing three treatment conditions. Treatment I II III N = 12 4 3 8 G = 48 3 1 4 ∑X2 = 238 5 3 6 4 1 6 x̅1 = 4 x̅2 = 2 x̅3 = 6 T1 = 16 T2 = 8 T3 = 24…The following data summarize the results from an independent-measures study comparing three treatment conditions. Treatment I II III N = 12 3 5 6 G = 60 5 5 10 ∑X2 = 392 3 1 10 1 5 6 x̅1 = 3 x̅2 = 4 x̅3 = 8 T1 = 12 T2 = 16 T3 =32…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 Financial Planner 50.2 48.0 59.8 50.2 57.3 54.1 59.2 56.9 53.2 50.9 54.0 54.6 50.9 48.7 59.5 52.9 57.0 50.8 52.9 48.9 (a) Use a 0.05 level of significance and test the hypothesis that there is no difference between the starting annual salaries of public accountants and financial planners. State the null and alternative hypotheses. H0: The two populations of salaries are identical.Ha: The two populations of salaries are not identical. H0: Median salary for public accountants − Median salary for financial planners > 0Ha: Median salary for public accountants − Median salary for financial planners = 0 H0: Median salary for public accountants − Median salary for financial planners ≥ 0Ha: Median salary for public accountants − Median salary for financial planners…
- In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated. Company 1 Company 2 n1 = 80 n2 = 60 x̄1 = $10.80 x̄2 = $10.00 σ1 = $2.00 σ2 = $1.50 Refer to Exhibit 10-13. The null hypothesis for this test is _____.A study was done to look at the relationship between number of vacation days employees take each year and the number of sick days they take each year. The results of the survey are shown below. Vacation Days 5 15 13 3 9 0 3 7 7 14 4 Sick Days 5 5 1 5 4 9 9 6 5 3 9 Use a level of significance of α=0.05α=0.05 to state the conclusion of the hypothesis test in the context of the study. There is statistically significant evidence to conclude that an employee who takes more vacation days will take fewer sick days than an employee who takes fewer vacation days . There is statistically significant evidence to conclude that there is a correlation between the number of vacation days taken and the number of sick days taken. Thus, the regression line is useful. There is statistically significant evidence to conclude that an employee who takes more vacation days will take more sick days than an employee who takes fewer vacation days. There is statistically insignificant evidence to…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 Financial Planner 51.2 48.0 58.8 50.2 57.3 53.1 59.2 56.9 55.2 52.9 56.0 54.6 49.9 49.7 60.5 54.9 56.0 51.8 50.9 49.9 (a) Use a 0.05 level of significance and test the hypothesis that there is no difference between the starting annual salaries of public accountants and financial planners. State the null and alternative hypotheses. H0: Median salary for public accountants − Median salary for financial planners > 0Ha: Median salary for public accountants − Median salary for financial planners = 0H0: The two populations of salaries are not identical.Ha: The two populations of salaries are identical. H0: The two populations of salaries are identical.Ha: The two populations of salaries are not identical.H0: Median salary for public accountants − Median salary for…