{Exercise 13.17 (Algorithmic)} The following data are from an experiment designe
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Question
{Exercise 13.17 (Algorithmic)}
The following data are from an experiment designed to investigate the perception of corporate ethical values among individuals who are in marketing. Three groups are considered: management, research and advertising (higher scores indicate higher ethical values).
Compute the values identified below (to 1 decimal, if necessary).
Use = .05 to test for a significant difference in perception among the three groups.
Calculate the value of the test statistic (to 2 decimals).
The p-value is
What is your conclusion?
Using = .05, determine where differences between the mean perception scores occur.
Calculate Fisher's LSD value (to 2 decimals).
Test whether there is a significant difference between the means for marketing managers (1), marketing research specialists (2), and advertising specialists (3).
Explanation / Answer
As p <0.05, reject null hypothesis.
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