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A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education. The ANOVA comparing the average income among three levels of education rejected the null hypothesis. The Mean Square Error (MSE) was 243.7. The following table summarized the results: When comparing the mean annual incomes for executives with a high school education or less and those with an undergraduate degree, the 95% confidence interval shows an interval of 11.7 to 42.7 for the difference. This result indicates that __________________.
Stare Decisis
A legal doctrine stating that courts should follow precedents established by previous decisions when the same points arise again in litigation.
Legal System
The framework of rules, institutions, and practices that control the way in which a society regulates individual and collective conduct.
Federal Statutory Laws
Laws enacted by the United States Congress that apply to everyone in the United States.
U.S. Constitutional Rights
Rights afforded to individuals in the United States through the Constitution, including freedom of speech, religion, and the press, as well as the right to due process and equal protection under the law.
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