In: Statistics and Probability
A random sample of companies in electric utilities (I), financial services (II), and food processing (III) gave the following information regarding annual profit per employee (units is thousands of dollars). Shall we reject the null hypothesis that there is no difference in mean profit per employee at the 1% level of significance?
I. 49.1, 43.4, 32.9, 27.8, 38.3, 36.1, 20.2
II. 55.6, 25.0, 41.3, 29.9, 39.5
III. 39.0, 37.3, 10.8, 32.5, 15.8, 42.6
Dear student,
I am waiting for your feedback. I have given my 100% to solve your
queries. If you satisfied with my answer then please please like
this.
Thank You