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(Solved): Periodically, customers of a financial services company are asked to evaluate the company's financia ...



Periodically, customers of a financial services company are asked to evaluate the company's financial consultants and services. Higher ratings on the client satisfaction survey indicate better service, with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use ???? = 0.05 and test to see whether the consultant with more experience has the higher population mean service rating. Consultant A Consultant B n1 = 16 n2 = 10 x1 = 6.83 x2 = 6.26 s1 = 0.64 s2 = 0.75 (b) Compute the value of the test statistic. (Round your answer to three decimal places.) (c) What is the p-value? (Round your answer to four decimal places.) p-value =



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Here consultant A has more experience, solet sample 1 for consultant A and sample B for consultant BGiven information,n1=16
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