Mathematics, 18.12.2019 01:31 almighty196
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
α = 0.05
and test to see whether the consultant with more experience has the higher population mean service rating.
consultant a consultant b
n1 = 16
n2 = 10
x1 = 6.82
x2 = 6.28
s1 = 0.65
s2 = 0.75
(a)
state the null and alternative hypotheses.
h0:
μ1 − μ2 ≤ 0
ha:
μ1 − μ2 = 0
h0:
μ1 − μ2 > 0
ha:
μ1 − μ2 ≤ 0
h0:
μ1 − μ2 ≠ 0
ha:
μ1 − μ2 = 0
h0:
μ1 − μ2 ≤ 0
ha:
μ1 − μ2 > 0
h0:
μ1 − μ2 = 0
ha:
μ1 − μ2 ≠ 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?
reject h0. there is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating. do not reject h0. there is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating. do not reject h0. there is sufficient evidence to conclude that the consultant with more experience has a higher population mean rating. reject h0. there is insufficient evidence to conclude that the consultant with more experience has a higher population mean rating.
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