Information regarding random samples of annual salaries (in thousands of dollars)of doctors in three different specialties is shown below.
a.Compute the overall mean.
b.State the null and alternative hypotheses to be tested.
c.Show the complete ANOVA table for this test including the test statistic.
d.The null hypothesis is to be tested at 95% confidence.Determine the critical value for this test.What do you conclude?
e.Determine the p-value and use it for the test.
Definitions:
Controlling Account
A general ledger account that summarizes the balances of a set of subsidiary accounts, facilitating overall management.
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