SOLUTION: The manager of a software company is studying the number of hours/week that senior executives spend at their destop computers. There are three industries that he has data

Algebra.Com
Question 144416: The manager of a software company is studying the number of hours/week that senior executives spend at their
destop computers. There are three industries that he has data for and these are listed under Banking, Retail, and Insurance.
The sample size is n = 5 senior managers from each of the industries and the times listed are shown in the table below.
ANOVA Problem:
At the 0.05 significance level, can the software manager doing the study conclude
that there is a difference in the mean number of hours spent per week by industry?

Banking Retail Insurance
12 8 10
10 8 8
10 6 6
12 8 8
10 10 10

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
At the 0.05 significance level, can the software manager doing the study conclude
that there is a difference in the mean number of hours spent per week by industry?
Banking Retail Insurance
12 8 10
10 8 8
10 6 6
12 8 8
10 10 10
--------------------
Ho: u1 = u2 = u3
Ha: at least one of the means is different
--------
I ran ANOVA on the data using a TI calculator and got the following results:
F = 5.73
p-value = 0.01788..
-------
Conclusion: Since the p-value is less than 5%, reject Ho.
At least one of the means is different.
==============
Cheers,
Stan H.

RELATED QUESTIONS

Thank your for your continued guidence and help in my pursuit of understanding... (answered by stanbon)
A company is composed of 5 senior executives, 10 executives and 5 senior managers. A 5... (answered by jim_thompson5910)
To be eligible for financial aid, Alisa must work at least 15 hours per week in a... (answered by Theo)
To be eligible financial aid, Alisa must work at least 15 hours per week in a work-study (answered by stanbon)
A large on-demand, video streaming company is designing a large-scale survey to determine (answered by Boreal)
a random sample of 16 students showed that the variance in the number of hours they spend (answered by reviewermath)
A corporation has six male senior executives and four female senior executives. Four... (answered by ikleyn)
A corporate software development firm has a staff of online support technicians available (answered by stanbon)
a corporate software development firm has a staff of online support technicians available (answered by richwmiller,kirktheboss)