ge Groups (Years)

Group Group Group Group

A B C D
1820 191 724 1652 1096.75 Source of variation
2588 1098 613 1309 1402 SST
2670 644 918 1002 1308.5 SSE
1022 136 949 966 768.25 SS
1555 1605 877 788 1206.25
222 1247 1368 472 827.25 Level of significance
1197 1529 1692 471 1222.25 No. of treatment
1249 1422 697 771 1034.75 No. of error
1520 445 849 869 920.75
489 990 1199 513 797.75 Test statistic value
2575 489 429 731 1056 Critical value
1426 2408 798 1130 1440.5
1846 1064 631 1034 1143.75
1088 629 1016 1261 998.5 DECISION: SINCE TEST STATI
WILL REJECT Ho.
MEAN 1519.071 992.6429 911.4286 926.3571 1087.375 CONCLUSION: WE CONCLUD
HYPOTHESIS (Ha) IS TRUE, T
Calculation of SSE 90558.01 642631.3 35129.47 526557.6 DIFFERENCE AMONG THE G
GROUPS.
1142608 11100.13 89059.61 146415.6
1324637 121551.8 43.18367 5721.842
247080 733837 1411.612 1571.556
1290.862 374981.3 1185.327 19142.7
1682394 64697.56 208457.5 206440.4
103730 287679 609291.8 207350.1
72938.58 184347.6 45979.61 24135.84
0.862245 299912.7 3897.327 3289.842
1061047 6.984694 82697.33 170864.1
1114985 253656.1 232737.3 38164.41
8662.291 2003236 12866.04 41470.41
106882.3 5091.842 78640.18 11586.98
185822.6 132236.1 10935.18 111985.8 15184631
 Sum of sqares Degrees of freedom Mean Square F
3531078.33929 3 1177026.113095 3.720687
15184630.7857 48 316346.4747024
18715709.125 51

0.05
4 Ho: m1=m2=m3=m4 (there is not any significant
difference among the group means of different age
52 groups
Ha: Not all m's are equal
3.72068667496
2.79806063544

CISION: SINCE TEST STATISTIC VALUE > CRITICAL VALUE, WE

LL REJECT Ho.
NCLUSION: WE CONCLUDE THAT THE ALTERNATIVE
POTHESIS (Ha) IS TRUE, THAT IS THERE IS A SIGNIFICANCE
FERENCE AMONG THE GROUP MEANS OF DIFFERENT AGE
OUPS.
 Accounting Marketing finance management Grand mean
37220 28620 29870 28600
30950 27750 31700 27450
32630 27650 31740 26410
31350 27640 32750 27340
29410 28340 30550 27300
37330 29250
35700 28890
30150
Mean 33512.8571 28000 30612.5 27420 29886.339286

Calculation of SSE
Accounting Marketing finance management
13742908.2 384400 551306.3 1392400
6568236.73 62500 1182656 900
779436.735 122500 1271256 1020100
4677951.02 129600 4568906 6400
16833436.7 115600 3906.25 14400
14570579.6 1856406
4783593.88 2967006
213906.3 77820292.857 STATISTICAL DECISION: Since Tes
Ho
CONCLUSION: Since Ho is rejecte
hypothesis(Ha) is true , that is m
each of the given business majo
 Ho: m1=m2=m3=m4 ( mean starting salary is same for each
of the given business majors.)
Ha: Not all m's are equal ( different majors tend to
earn disparate average starting salaries)

Source of variation sum of squares degrees of freedom mean square F

SST 144485424.3064 3 48161808.102 12.99658
SSE 77820292.85714 21 3705728.2313
SS 222305717.1636 24

Level of significance 0.1

No. of treatment 4
No. of error 25

Test statistic 12.99658396303

Critical value 2.364887529836

STATISTICAL DECISION: Since Test statistic value > critical value, we will reject
Ho
CONCLUSION: Since Ho is rejected, we conclude that the alternative
hypothesis(Ha) is true , that is mean starting salary is not same for
each of the given business majors .