Conclude that methods differ in terms of average return

Assignment Help Basic Statistics

Reference no: EM131400530

Two methods for training accountants are to be compared. Students are randomly assigned to one of the two methods. At the end of the course, each student is asked to prepare a tax return for the same individual. The amounts of the refunds reported by the students are

Method 1 : 132,204,603,50,125,90,185,134

Method 2 : 92,-42,121,63,182,101,294,36

Using Welch's test, would you conclude that the methods differ in terms of the average return? Use α = .05.

Reference no: EM131400530

Questions Cloud

Analyze your own retirement pension and benefits package : "New-generation human resource managers must add to their work portfolios how to help employees make appropriate decisions about participation, contribution, and even investment in their benefit packages so that they better enable themselves when ..

Chance of stopping shirking and an employee : If a firm has established monitoring devices that have a 50% chance of stopping shirking and an employee might gain $5000 from shirking, the employer can deter shirking by having employees post a bond equal to 2500, 5000, 10000 or 50,000

Analyze the news events published within the past 12 months : From the e-Activity, analyze the two news events published within the past 12 months related to sexual harassment laws for or against lesbian, gay, and bisexual individuals. Propose at least two ways your agency plans to address these events, hig..

How is it possible for the unemployment rate : A) How is it possible for the unemployment rate to rise while employment growth is noticeably stronger than expected? B) What does the fact that the employment growth occurred without any increase in wages and benefits above the modest ~2% growth t..

Conclude that methods differ in terms of average return : Two methods for training accountants are to be compared. Students are randomly assigned to one of the two methods.- Using Welch's test, would you conclude that the methods differ in terms of the average return? Use α = .05.

Create for themselves shape perceptions of their identities : Visit chat rooms and online forums and notice the screen names that people use. How do the names people create for themselves shape perceptions of their identities? What screen names do you use? Why did you choose them?

Analyze the organizational design of the selected agency : Revise the previous assignment based on your professor's feedback. Analyze the organizational design of the selected agency's human resource management in relationship to the entire organization.Assess its strengths and weaknesses. (Title this sect..

Combined ?xed costs of production : True, false, or uncertain: If the motive for a merge is for the participating ?rms to lower their combined ?xed costs of production (and share the ?xed costs of producing the combined quantity ina single ?rm) then consumers are necessarily harmed ..

Identical constant marginal costsand no ?xed costs : True, false, or uncertain: If all ?rms in an industry of N ?rms have identical constant marginal costsand no ?xed costs of production, no two ?rms in the industry will have an incentive to merge.

User Account

All Pages