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Two-Factor ANOVA to Evaluate Starting Salaries

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The dean of a large and well-respected school of business is interested in evaluating the starting salaries being offered to its current MBA graduating class. Suppose the dean wishes to examine the effect of major concentration and gender on starting salary. Of the 24 graduating students in the study, there are three within each gender and major combination. The salary packages offered are attached. What should the dean conclude?

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The solution examines the effects of major concentration and gender on starting salary using a two-factor ANOVA analysis. The conclusion of this is discussed.

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