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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Economics: Profits per Employee A random sample of companies in electric utilities (I), financial services (II), and food processing (III) gave the following information regarding annual profits per employee (units in thousands of dollars).
|
I |
II |
III |
|
49.1 |
55.6 |
39.0 |
|
43.4 |
25.0 |
37.3 |
|
32.9 |
41.3 |
10.8 |
|
27.8 |
29.9 |
32.5 |
|
38.3 |
39.5 |
15.8 |
|
36.1 |
 |
42.6 |
|
20.2 |
 |
 |
Shall we reject or not reject the claim that there is no difference in population mean annual profits per employee in each of the three types of companies? Use a 1% level of significance.
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