Mathematics, 06.12.2019 04:31 patience233
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 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 = .05 and test to see whether the consultant with more experience 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 = 0.75a.) 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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