Given Below Are the Analysis of Variance Results from a Minitab

question 26

Multiple Choice

Given below are the analysis of variance results from a Minitab display. to use a 0.05 significance level in testing the null hypothesis that the different samples come from populations with the same mean. What can you conclude about the equality of the
Population means? $$\begin{array} { l | r | c | c | c | c } \text { Source } & \boldsymbol { D } \boldsymbol { F } & \boldsymbol { S S } & \boldsymbol { M S } & \boldsymbol { F } & \boldsymbol { p } \\\hline \text { Factor } & 3 & 13.500 & 4.500 & 5.17 & 0.011 \\\hline \text { Error } & 16 & 13.925 & 0.870 & & \\\hline \text { Total } & 19 & 27.425 & & &\end{array}$$

• A) Reject the null hypothesis since the P-value is greater than the significance level.
• B) Accept the null hypothesis since the P-value is less than the significance level.
• C) Accept the null hypothesis since the P-value is greater than the significance level.
• D) Reject the null hypothesis since the P-value is less than the significance level.

Understand strategic considerations in setting pay levels and dealing with wage compression.

Grasp the importance of internal and external equity in compensation management.

Understand the role of job classifications and benchmarks in determining pay.

Recognize the significance of legislation on compensation strategies and practices.

---

Definitions:

Judgment Sampling

A nonprobability method of sampling whereby elements are selected for the sample based on the judgment of the person doing the study.

Cluster Sampling

A probability sampling method in which the population is first divided into clusters and then a simple random sample of the clusters is taken.

Simple Random Sampling

A sampling method where each member of the population has an equal chance of being selected, ensuring unbiased representation.

Stratified Simple Random Sampling

A sampling method that divides a population into smaller groups or strata and then selects random samples from each stratum.