A school supervisor is reviewing initial wages of former students (in $000). Samples were taken over 3

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A school supervisor is reviewing initial wages of former students (in $000). Samples were taken over 3 years for four different majors (accounting, administration, finance, and marketing). For each combination of major and year, three former students were sampled.

Major/Year 2014 2015 2016 Accounting 75.4, 69.8, 62.3 73.9, 78.8, 62.0 64.2, 80.8, 68.2 Administration 61.5, 59.9, 62.1 63.9, 57.6, 66.5 74.2, 67.5, 58.1 Finance 63.6, 70.2, 72.2 69.2, 72.5, 67.2 74.7, 66.4, 77.9 Marketing 71.3, 69.2, 66.4 74.0, 67.6, 61.7 60.0, 61.3, 62.5

a. Here is an interaction plot of the information. What does it reveal?

b. Write out all of the pairs of null and alternative hypotheses you would apply for a two way ANOVA.

c. Here is the statistical software output. Use the 0.05 level to check for interactions.

d. If proper, test the other hypotheses at the .05 significance level. If it is not appropriate, describe why you should not do the tests.

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Related Book For  answer-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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