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F*>F0.05, we therefore reject the null hypothesis that there is no significant difference based on academic major in grade point index, expected starting salary, salary expected in five years, age and spending on textbooks and supplies at the 0.05 level of significance.
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Answers/presentation

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1. a. Testing the null hypothesis H0:µ1=µ2=µ3=µ4=µ5 H1: µj are not equal b. ANOVA Table for Source of Variation Sum of squares Degrees of freedom Mean Squares
F*
Between Means
89343796.5
V1=k-1=4
22335949.12
F*=22335949.12/34629.58
F* =644.996
Within means
1558331.213
V2=N-k=45
34629.58
Total
90902127.71
49
1855145.46
F0.05=2.53
V1=4
V2=45
c. The test statistic is the F statistic. The decision rule is that
If F0.05 Read More
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