Three Universities in Your State Decided to Administer the Same $\alpha$

question 172

Essay

Three universities in your state decided to administer the same comprehensive examination to the recipients of MBA degrees from the three institutions. From each institution, MBA recipients were randomly selected and were given the test. The following table shows the scores of the students from each university.

At $\alpha$ = 0.01, test to see if there is any significant difference in the average scores of the students from the three universities. (Note that the sample sizes are not equal.) Use both the critical and p-value approaches.

Distinguish between basic research and applied research and their impact on productivity.

Recognize the effects of small changes in productivity growth rates over time.

Understand the implication of labor productivity growth on real GDP per capita.

Analyze the role of technological change in economic development and worker displacement.

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Definitions:

Identical Twins

Twins that develop from a single fertilized egg, sharing the same genes and typically having very similar appearances and characteristics.

IQs

Scores derived from standardized tests designed to measure human intelligence and cognitive abilities.

Fluid Intelligence

The ability to reason and think flexibly, solving problems in novel situations, without drawing on pre-existing knowledge.

Word Game

A puzzle or game designed to test knowledge of words, their meanings, and usage, often used for entertainment or educational purposes.