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Mathematics, 13.11.2019 01:31 Bigbabybrudis
Periodically, merrill lynch customers are asked to evaluatemerrill lynch financial consultants and services (2000 merrilllynch client satisfaction survey). higher ratings on the clientsatisfaction survey indicate better services, with 7 the maximumservice rating. independent samples of service ratings for twofinancial consultants are summarized here. consultant a has 10years of experience, whereas consultant b has 1 year experience. use α = 0.05 and test to see whether the consultant with moreexperience has the higher population mean service rating. consultanta consultant bn1=16 n2 =10x1 =6.82 (with bar overx) x2 = 6.25(with bar over x)s1 =0.64 s2 = 0.75(a) state the null and alternative hypothesis.(b) compute the value of the test statistic.(c)what is the p-value? (d) what is your conclusion?
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