Consider the Following to Answer the Question(s)

question 15

Multiple Choice

Consider the following to answer the question(s) :
An advocacy group is interested in determining if gender (1 = Female, 2 = Male) affects executive level salaries. They take a random sample of executives in three different industries: (1 = Consumer Goods, 2 = Financial, 3 = Health Care) . Salary data are collected. The two-way ANOVA results appear below.
-At α = 0.05, we can conclude

• A) that mean executive salaries are the same across the three different industry sectors
• B) that mean executive salaries are the same for males and females
• C) that there is a significant interaction effect
• D) that mean executive salaries are not the same across the three different industry sectors and that mean executive salaries are not the same for males and females
• E) that mean executive salaries are the same across the three different industry sectors, are the same for males and females and that there is a significant interaction effect

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Definitions:

Taxable Income

The portion of an individual or company's income used to determine how much tax is owed to the government in a given tax year.

Federal Income Tax

A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities. Tax rates vary based on income levels and types of filers.

Progressive Tax

A tax system where the tax rate increases as the taxable amount increases, typically aimed at ensuring higher earners pay a larger percentage of their income in taxes.

Regressive Tax

A tax imposed in such a way that the tax rate decreases as the amount subject to taxation increases, burdening lower-income individuals relatively more than higher-income ones.