Discussion:
Q: The manager of a software company wishes to study the number of hours senior executives spend at their computers by type of industry. The manager chooses five executives from three different industries. At the .05 level of significance, what should be concluded that the amount of time spent is different?
Senior Executives
Banking
12
10
10
12
10
Retail
8
8
6
8
10
Insurance
10
8
6
8
10
A) State the hypothesis
B) State the decision rule
C) State the test statistic
D) State the reject/accept null hypothesis with step by step guidance