SELF TEST 10.46 Accounting Today identified top accounting firms in 10 geographic regions across the United...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
SELF TEST 10.46 Accounting Today identified top accounting firms in 10 geographic regions across the United States. All 10 regions reported growth in a recent year. The Southeast and Gulf Coast regions reported growths of 12.49% and 9.78%, respectively. A characteristic description of the accounting firms in the Southeast and Gulf Coast regions included the number of partners in the firm. The file [Accounting Partners 2] contains the number of partners. Source: Data extracted from Accounting Today, "The 2019 Top Firms and Regional Leaders," available at bit.ly/2xdQVVW. Region Southeast Southeast Number of Partners 235 138 Southeast 77 Southeast 61 Southeast 61 Southeast 46 Southeast 50 Southeast 38 Southeast 36 Southeast 52 Southeast 21 Southeast 13 Southeast 13 Southeast 26 Southeast Southeast Southeast Southeast Southeast Southeast 19 14 18 19 16 Southeast 14 Southeast 12 Gulf Coast 296 Gulf Coast 112 Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast 77 14 53 14 30 34 12 17 20 15 11 25 9 a. At the 0.05 level of significance, is there evidence of a difference in the variability in numbers of partners for Southeast region accounting firms and Gulf Coast accounting firms? b. Determine the p-value in (a) and interpret its meaning. c. What assumption do you have to make about the two populations in order to justify the use of the F test? d. Based on (a) and (b), which t test defined in Section 10.1 should you use to test whether there is a significant difference in the mean number of partners for Southeast region accounting firms and Gulf Coast accounting firms? SELF TEST 10.46 Accounting Today identified top accounting firms in 10 geographic regions across the United States. All 10 regions reported growth in a recent year. The Southeast and Gulf Coast regions reported growths of 12.49% and 9.78%, respectively. A characteristic description of the accounting firms in the Southeast and Gulf Coast regions included the number of partners in the firm. The file [Accounting Partners 2] contains the number of partners. Source: Data extracted from Accounting Today, "The 2019 Top Firms and Regional Leaders," available at bit.ly/2xdQVVW. Region Southeast Southeast Number of Partners 235 138 Southeast 77 Southeast 61 Southeast 61 Southeast 46 Southeast 50 Southeast 38 Southeast 36 Southeast 52 Southeast 21 Southeast 13 Southeast 13 Southeast 26 Southeast Southeast Southeast Southeast Southeast Southeast 19 14 18 19 16 Southeast 14 Southeast 12 Gulf Coast 296 Gulf Coast 112 Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast 77 14 53 14 30 34 12 17 20 15 11 25 9 a. At the 0.05 level of significance, is there evidence of a difference in the variability in numbers of partners for Southeast region accounting firms and Gulf Coast accounting firms? b. Determine the p-value in (a) and interpret its meaning. c. What assumption do you have to make about the two populations in order to justify the use of the F test? d. Based on (a) and (b), which t test defined in Section 10.1 should you use to test whether there is a significant difference in the mean number of partners for Southeast region accounting firms and Gulf Coast accounting firms?
Expert Answer:
Posted Date:
Students also viewed these mathematics questions
-
Use a linear interpolation to estimate properties of ammonia to fill out the table below P [kPa] T [ C] v [m3/kg] x a) 550 0.75 b) 80 20 c) 10 0.4
-
What processes are supported by information provided by IT asset management?
-
Find the limit or show that it does not exist. lim x-0 x +1
-
The Queen Company reported net income of \(\$ 80,000\) and average total assets of \(\$ 450,000\). Calculate the company's return on assets.
-
Camacho Chemical Company uses an average cost processing system. All materials are added at the start of the production process. Labor and overhead are added evenly at the same rate throughout the...
-
Material or equipment should be kept at least _____ feet away from high-voltage overhead power lines
-
1. You decide to borrow 750,000 SAR to build a new home. The bank charges an interest rate of 6% compounded monthly. If you pay back the loan over 20 years, what will your monthly payments be?...
-
Calculate the capacitance-to-neutral in F / m F / m and the admittance-to-neutral in S / k m S / k m for the line in Problem 4.20. Also calculate the total reactive power in Mvar / k m / k m supplied...
-
Let us consider a sequence of i.i.d. (independent and identically distributed) variables over time, X t , t = 1 H X t , t = 1 H . Let and be the expected value and standard deviation, respectively,...
-
Let \(p(t)\) be the probability of survival from 0 to \(t\). The probability of surviving to \(s\) given survival to \(t\) is then \[p(s \mid t)=\frac{p(s)}{p(t)}\] Let...
-
Constrained least squares. Suppose we wish to find the least-squares estimator of $\boldsymbol{\beta}$ in the model $\mathbf{y}=\mathbf{X} \boldsymbol{\beta}+\boldsymbol{\varepsilon}$ subject to a...
-
A normal shock wave travels into still air at 300 K. If the static temperature of the air is increased by 50K as a result of the passage of the shock wave, determine the speed of the wave in the...
-
Your employer has promised to give you a $5,000 bonus after you have been working for him for 5 years. What is the present value of this bonus if the proper discount rate is 8%?
-
Select the correct answer for each of the following questions. 1. On December 31, 20X3, Saxe Corporation was merged into Poe Corporation. In the business combination, Poe issued 200,000 shares of its...
Study smarter with the SolutionInn App