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.