Question: Enterprise.com conducted a study of tech startup companies over the past five years, classifying the companies as highly successful, moderately successful, and unsuccessful. In the

Enterprise.com conducted a study of tech startup companies over the past five years, classifying the companies as “highly successful,” “moderately successful,” and “unsuccessful.” In the study, a sample of 10 startups in each category was selected. In each case, the aggregate years of business experience for the founders of the startup were determine d. Sample results are reported in the partially completed table below:

SUMMARY Groups highly successul10 moderately Count Sum Average Variance 7.3 3.9 73

Fill in the values for the indicated cells. Can the results of the study be used to reject a “no difference in population mean years of business experience” null hypothesis at the 5% significance level? Explain.

SUMMARY Groups highly successul10 moderately Count Sum Average Variance 7.3 3.9 73 10 39 unsuccessful 31 ANOVA Source of Variation SS df MS F P-value F crit Between Groups (a) 49.733 (g)(h) Within Groups Total 281.366 29

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