In: Statistics and Probability
Begin by re-writing the problem. Minitab is required; attach or include your output. Use Word; you may handwrite equations. You may want to refer to the Minitab handout for Chapter 11, which may be found on Canvas.
GPA for Randomly Selected Students in Four Business Majors |
|||
Accounting |
Finance |
Human Resources |
Marketing |
2.48 |
3.16 |
2.93 |
3.54 |
2.19 |
3.01 |
2.89 |
3.71 |
2.62 |
3.07 |
3.48 |
2.94 |
3.15 |
2.88 |
3.33 |
3.46 |
3.56 |
3.33 |
3.53 |
3.50 |
2.53 |
2.87 |
2.95 |
3.25 |
3.31 |
2.85 |
3.58 |
3.20 |
a) At the 0.05 level of significance, determine if there is a difference in the GPAs by Business Major. State your hypotheses and show all 7 steps clearly. (8 points)
Answer:
Given that:
Quarterly GPAs are compared for seven randomly chosen students in each of the four business majors at catalyst University.
The hypothesis being tested is:
H0: µ1 = µ2 = µ3 = µ4
Ha: At least one means is not equal
Since the p-value (0.0328) is less than the significance level (0.05), we can reject the null hypothesis.
Therefore, we can conclude that there is a significant difference in the mean GPAs.
The Minitab output is:
Factor Information :
Factor | Levels | Values |
Factor | 4 | Accounting,Finance,Human Resources,marketing |
Analysis of Variance:
Source | DF | Adj SS | F-Value | Adj MS | P-Value |
Factor | 3 | 1.166 | 0.3887 | 3.44 | 0.033 |
Error | 24 | 2.713 | 0.1131 | ||
Total | 27 | 3.879 |
Model Summary:
S | R-sq | R-sq(adj) | R-sq(pred) |
0.336240 | 30.06% | 21.31% | 4.80% |
Means:
Factor | N | Mean | StDev | 95% CI |
Accounting | 7 | 2.834 | 0.505 | (2.572 , 3.097) |
Finance | 7 | 3.0243 | 0.1776 | (2.7620 , 3.2866) |
Human Resources | 7 | 3.241 | 0.308 | (2.979 , 3.504) |
Marketing | 7 | 3.367 | 0.266 | (3.105 , 3.629) |
Pooled StDev = 0.336240
Tukey Pairwise Comparisons
Grouping Information Using the Tukey Method and 95% Confidence:
Factor | N | Mean | Grouping |
Marketing | 7 | 3.367 | A |
Human Resources | 7 | 3.241 | A B |
Finance | 7 | 3.0243 | A B |
Accounting | 7 | 2.834 | B |
Means that do not share a letter are significantly different.
The Levene's test output is:
Test for Equal Variances : Accounting , Finance , Human ....es , Marketing method
Null hypothesis All variances are equal
Alternative hypothesis All least one variance is different
Significant level = 0.05
Bartlett's method used . This method is accurate for normal data only.
95% Bonferroni Confidence Intervals for Standard Deviations :
Sample | N | StDev | CI |
Accounting | 7 | 0.505267 | (0.291774 , 1.44555) |
Finance | 7 | 0.177563 | (0.102536 , 0.50800) |
Human Resources | 7 | 0.307703 | (0.177687 , 0.88032) |
Marketing | 7 | 0.265939 | (0.153571 , 0.76084) |
Individual Confidence level = 98.75%
Tests:
Method | Test Statistic | p - value |
Barlett | 6.22 | 0.101 |
Since the p-value (0.101) is greater than the significance level (0.05), we cannot reject the null hypothesis.
Therefore, we can conclude that all variances are equal.