Question

Auditors must make judgments about various aspects of an audit on the basis of their own direct experience, indirect experience, or a combination of the two. In a study, auditors were asked to make judgments about the frequency of errors to be found in an audit. The judgments by the auditors were then compared to the actual results. Suppose the following data (AudJudg.xlsx) were obtained from a similar study; lower scores indicate better judgments. Using AudJudg.xlsx, use α = .05 to test to see whether the basis for the judgment affects the quality of the judgment. What is your conclusion? Provide your hypotheses, and ANOVA table using Excel. Based on the result table, discuss your conclusion. Audjudg.xlsx: Direct Indirect Combination 17.0 16.6 25.2 18.5 22.2 24.0 15.8 20.5 21.5 18.2 18.3 26.8 20.2 24.2 27.5 16.0 19.8 25.8 13.3 21.2 24.2

Answer 1

The test hypothesis is
Ho:the basis for the judgment does not affect the quality of the judgment.

Ha:the basis for the judgment affects the quality of the judgment.

Given a=0.05, since p-value is less than 0.05, we reject Ho.

*CONCLUSION* - the basis for the judgment affects the quality of the judgment.