Mathematics, 18.12.2019 03:31 isabeltorres5
Periodically, merrill lynch customers are asked to evaluate merrill lynch 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= .05 and test to see whether the consultant with more experience has the higher population mean service rating.
consultant a: n = 16, x = 6.82, s = 0.64
consultant b: n = 10, x = 6.25, s = 0.75
a. state the null and alternative hypotheses.
b. compute the value of the test statistic.
c. what is the p-value?
d. what is your conclusion?
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Periodically, merrill lynch customers are asked to evaluate merrill lynch financial consultants and...
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