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A random selection of accounting firms from three regions is taken and they are asked to state the starting salary for a new accounting graduate. Do a one-way ANOVA to analyze these data using a 1% level of significance:

South Northeast West
--------- ----------- ---------

$30500 $41000 $35500

31500 39500 33500

30000 39000 35000

31000 38000 36500

31500 39500 36000

* Incorporate the 5-step hypothesis testing procedure

* If a significant F statistic is obtained, run a Post-Hoc Comparison's test on the 3 means

* Individual t-tests on all pairs of means can be done also

* Adjust level of significance to compensate for inflation

* Report which pairs of means are significantly different and their corresponding p values if available

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9368320

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