
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
what is the p value for the last two it is not the same as the first one.

Transcribed Image Text:A two-sample test for means was conducted to determine if the completion time for continuing education programs for nurses differed when costs are paid by employers (Yes) versus when individuals paid out of their own funds (No). The Excel Data Analysis tool results are provided. Compiele parts a through c below.
Click the icon to view the Excel Data Analysis tool results.
a. Explain how to use this information to draw a conclusion if the null hypothesis is Hoy - 0. Clearly state the correct critical value and p-value and your conclusion.
The alternative hypothesis is H₁: 144-14y>0
The p-value is 0276
(Type an integer or a decimal rounded to three decimal places as needed.)
Excel Data Analysis tool results
t-Test: Two-Sample Assuming Unequal Variances
Mean
Yes
34.081
Therefore, fail to reject the null hypotheals. The data do not provide sufficient evidence to conclude that the mean completion time is longer for nurses when costs are paid by employers.
b. Explain how to use this information to draw a conclusion if the null hypothesis is Ho Hy - Hy 20. Clearly state the correct critical value and p-value and your conclusion.
Variance
445.045
No
28.601
348.085
Observations
12
S
Hypothesized Mean Difference
0
df
16
t Stat
0.608
P(Tst) one-tail
0.278
t Critical one-tail
1.748
0.552
2.120
The alterative hypothesis is H₁: Hy-14 <0.
The p-value is
(Type an integer or a decimal rounded to Duree decimal places as needed.)
Therefore, fail to rejec. the null hypothesis. The data do not provide sufficient evidence to conclude that the mean completion time is shorter for nurses when costs are paid by employers.
c. Explain how to use this information to draw a conclusion if the null hypothesis is H. Hy-P=0. Clearly state the correct critical value and p-valua and your conclusion.
The alternative hypothesis is H₁: PY - 20.
The p-value is
(Type an integer or a decimal rounded to three decimal places as needed.)
Therefore fail to reject the null hypothesis. The data do not provide sufficient evidence to conclude that the mean completion time is different for nurses when costs are paid by employers.
P(T≤t) two-tail
t Critical two-tail
Print
Done
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