A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the firm before receiving a raise in salary. The sample information is submitted to MINITAB with the following results: |
Analysis of Variance | ||||
Source | df | SS | MS | F |
Factor | 5 | 27.86 | 5.57 | 1.90 |
Error | 12 | 35.24 | 2.94 | |
Total | 17 | 63.10 | ||
Reject H0 if F > . (Round your answer to 2 decimal places.) |
At the 0.05 level of significance, is there a difference in the mean number of months before a raise was granted among the four CPA firms? |
Please provide formulas and be very detailed please. Thank you.
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