Question

Entrepreneurs developing an accounting review program for persons preparing to take the Certified Public Accountant (CPA)...

Entrepreneurs developing an accounting review program for persons preparing to take the Certified Public Accountant (CPA) examination are considering two possible formats for conducting the review sessions. A random sample of 10 students are trained using format 1, and then their number of errors is recorded for a prototype examination. Another random sample of 12 individuals are trained according to format 2, and their errors are similarly recorded for the same examination. For the 10 students trained with format 1, the individual performances are 11, 8, 8, 3, 7, 5, 9, 5, 1, and 3 errors. For the 12 students trained with format 2, the individual performances are 10, 11, 9, 7, 2, 11, 12, 3, 6, 7, 8, and 12 errors. In comparing the performances of the two groups, the 0.10 level of significance will be used. Based on these data, the 10 members of group 1 made an average of 6.000 errors, with a sample standard deviation of 3.127. The 12 students trained with format 2 made an average of 8.167 errors, with a standard deviation of 3.326. The sample standard deviations do not appear to be very different, and we will assume that the population standard deviations could be equal. Test to see if the two training formats are equally effective or not.

Homework Answers

Answer #1

given that

for format 1

sample size =n1=10

sample mean =m1=6

sample SD=S1=3.127

for format 2

sample size =n2=12

sample mean =m2=8.167

sample SD=S2=3.326

we have assumed that both populations standard deviations are equal hence we will use pooled standard deviation which is given by

=3.238

we have to test that

now test statistics is given by

here t is t distribution with df =n1+n2-2 =10+12-2=20

and the test is two-tailed hence

P-Value =2*P(t20>0.6692) =2*0.2555=0.511

Since P Value is more than level of significance hence we failed to reject H0

so

we dont have sufficient evidence to support the claim that there is difference in mean of two formats.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Suppose you are the Umoja Community Program Coordinator at West College. You are interested in the...
Suppose you are the Umoja Community Program Coordinator at West College. You are interested in the effectiveness of "learning communities" as it pertains to Umoja scholars and their overall grade point average (GPA). Knowing that supplemental instruction tends to be associated with higher academic success, you believe that the more learning communities an Umoja student attends, the higher their overall GPA will be. To test this, you count how many weekly learning communities an Umoja student attends over the duration...
The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen...
The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples of five completed mortgage transactions each were taken during a period when the process was believed to be in control. The times to complete the transactions were measured. The Money Pit Mortgage Company made some changes to the process and undertook a process capability study. The following data were obtained for 15 samples of size 5. Based on the individual​ observations, management estimated...
A student is interested if battery life in iPhones have been negatively impacted (or improved) by...
A student is interested if battery life in iPhones have been negatively impacted (or improved) by updating to iOS 12. To investigate, the student collected a sample of 10 iPhones and measured battery life on the same phones before and after updating to the latest iOS version. The recorded battery life (hrs) follows: student is interested if battery life in iPhones have been negatively impacted (or improved) by updating to iOS 12. To investigate, the student collected a sample of...
A school counselor in a high school would like to try out a new conflict-resolution program...
A school counselor in a high school would like to try out a new conflict-resolution program to reduce aggressiveness in students. She first surveyed 16 students using a 20-item instrument to measure their levels of aggression (on a scale of 0 to 10, with higher numbers meaning higher aggression levels). One month after the conflict resolution program was implemented, the students were given the same survey. The data are listed in the table below. The school counselor/researcher has set the...
PHP, HTML5 Accounting Import The Mammoth Island Tourism Company is undergoing a project to digitize a...
PHP, HTML5 Accounting Import The Mammoth Island Tourism Company is undergoing a project to digitize a large quantity of paper documents, sales records going back 100 years. They’ve already commissioned a company to digitize the documents into a text format, but now they require an application to extract a small amount of useful information from the documents. Unfortunately, their accounting format changed several times over the course of business, so the application must be intelligent enough to find the data....
In a sample of 18 students at East High School the following number of days of...
In a sample of 18 students at East High School the following number of days of absences were recorded for the previous semester: 4, 3, 1, 0, 4, 2, 3, 0, 1, 2, 3, 0, 4, 1, 1, 5, 1, 1. Manually compute the mean, median, and range of this sample. Show work. (Round values to one decimal place) 10) The following data represent the bachelor degrees of some CEO's who work in the NYC area. Degree Number Accounting 19...
1. Scientists studying the behavior of spiders have 12 orb spiders in their lab. Many orb...
1. Scientists studying the behavior of spiders have 12 orb spiders in their lab. Many orb spiders spin a new web each day. Does the amount of ambient light affect the size of the web? For each spider, the scientists measured the horizontal diameter (in mm) of the web spun under bright light conditions one day, and under low light conditions on a different day. Here is the data: spider 1 2 3 4 5 6 7 8 9 10...
A new family has just been referred to your program. Before you meet, you review what...
A new family has just been referred to your program. Before you meet, you review what you know about the family. Soha arrived 10 months ago with her children, sponsored by other family members. Her husband has found work in another city, but Soha and the children are living with their relatives and usually see the father only on weekends. They are a visible minority in a predominantly white neighborhood. Soha and the children have a room in the basement....
7. (07.02 MC) Oscar, a yoga instructor at Yoga for You, is interested in comparing levels...
7. (07.02 MC) Oscar, a yoga instructor at Yoga for You, is interested in comparing levels of physical fitness of students attending a nearby high school and those attending a local community college. He selects a random sample of 210 students from the high school. The mean and standard deviation of their fitness scores are 82 and 14, respectively. He also selects a random sample of 210 students from the local community college. The mean and standard deviation of their...
Bivariate Data & Probability After completing the calculation by hand in Q1 you can use Excel...
Bivariate Data & Probability After completing the calculation by hand in Q1 you can use Excel to check your answers before submitting. Q2 assesses your general understanding of probability and linear associations using Excel to analyse a large dataset. Question 1       Covariance and Correlation The table below shows a set of sample bivariate data. Calculate the covariance and correlation coefficient by completing the below table. Show all working. X Y (X - ) (Y - ) (X - )(Y -...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT