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The Mean Number of Months

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Please help with the following roblem.

Scenario: A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the firm before receiving a raise in salary. The sample information is:

Number of months before first raise in salary

CPA Inc. AB Int. Acct. Ltd. Pfisters

12 14 18 12

10 12 12 14

14 10 16 16

12 10

At the .05 level of significance, is there a difference in the mean number of months before a raise was granted among the four firms?

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Solution Summary

This solution is comprised of a detailed response which is enclosed within an attached Excel file. By clicking directly onto the cells of the Excel document, it illustrates what functions had to be employed to reach the desired values.

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