An Advocacy Group Is Interested in Determining If Gender (1

question 5

Essay

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. a. Is this an experiment or observational study?
b. Are the conditions for two-way ANOVA met?
c. If so, perform the hypothesis tests and state your conclusions in terms of amount spent online, gender, and income level.
d. Is it appropriate to interpret the main effects in this case separately? Explain.

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Definitions:

Production Expertise

The specialized skills and knowledge in creating and manufacturing goods effectively and efficiently.

Gray Market Activities

The trade of legal goods through unauthorized, unofficial, or unintended distribution channels.

Product Standardization

The process of setting uniform characteristics for a particular product or products, which can help reduce costs and increase quality.

Weight-To-Volume Ratio

A measure that compares the weight of an object to its volume, often used in shipping and material science.