A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education. The ANOVA comparing the average income among three levels of education rejected the null hypothesis. The Mean Square Error (MSE) was 243.7. The following table summarized the results: When comparing the mean annual incomes for executives with undergraduate and master's degrees or more, the following 95% confidence interval can be constructed:
A)2.0 ± 2.052 * 6.52
B)2.0 ± 3.182 * 6.52
C)2.0 ± 2.052 * 42.46
D)2.0 ± 3.182 * 42.46

Question

A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education. The ANOVA comparing the average income among three levels of education rejected the null hypothesis. The Mean Square Error (MSE) was 243.7. The following table summarized the results:  When comparing the mean annual incomes for executives with undergraduate and master's degrees or more, the following 95% confidence interval can be constructed:
A)2.0 ± 2.052 * 6.52 
B)2.0 ± 3.182 * 6.52 
C)2.0 ± 2.052 * 42.46 
D)2.0 ± 3.182 * 42.46

Quizplus · Accepted Answer

The Answer of A random sample of 30 executives from companies with assets over $1 million was selected and asked for their annual income and level of education. The ANOVA comparing the average income among three levels of education rejected the null hypothesis. The Mean Square Error (MSE) was 243.7. The following table summarized the results:  When comparing the mean annual incomes for executives with undergraduate and master's degrees or more, the following 95% confidence interval can be constructed:
A)2.0 ± 2.052 * 6.52 
B)2.0 ± 3.182 * 6.52 
C)2.0 ± 2.052 * 42.46 
D)2.0 ± 3.182 * 42.46

A Random Sample of 30 Executives from Companies with Assets