Consider the following data drawn independently from normally distributed populations: (You may find it useful to reference...

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Statistics

Consider the following data drawn independently from normallydistributed populations: (You may find it useful toreference the appropriate table: z tableor t table)

x−1x−1 = 25.7x⎯⎯2x¯2 = 30.6
σ12 = 98.2σ22 = 87.4
n1 = 20n2 = 25


a. Construct the 95% confidence interval for thedifference between the population means. (Negative valuesshould be indicated by a minus sign. Round all intermediatecalculations to at least 4 decimal places and final answers to 2decimal places.)

Confidence internval is _____ to ____.

Consider the following competing hypotheses and accompanyingsample data drawn independently from normally distributedpopulations. (You may find it useful to reference theappropriate table: z table or ttable)

H0: μ1 −μ2 = 0
HA: μ1 −μ2 ≠ 0

x−1x−1 = 51x−2x−2 = 60
σ1 = 13.00σ2 = 1.64
n1 = 25n2 = 25


a-1. Calculate the value of the test statistic.(Negative values should be indicated by a minus sign. Roundall intermediate calculations to at least 4 decimal places andfinal answer to 2 decimal places.)
  

Test statistic:

Researchers at The Wharton School of Business have found thatmen and women shop for different reasons. While women enjoy theshopping experience, men are on a mission to get the job done. Mendo not shop as frequently, but when they do, they make bigpurchases like expensive electronics. The accompanying table showsthe amount spent (in $) over the weekend by 40 men and 60 women ata local mall. The Excel file is also provided. (You mayfind it useful to reference the appropriate table: z tableor t table)

Spending by MenSpending by WomenSpending by MenSpending by Women
85908738
102799266
1397192100
901197257
89909759
521808389
498811895
1405610837
9011010486
648211062
966466
132129129
11728119
881376
9214075
10562101
953285
11922068
1187267
1249036
1318090
1135699
1248264
715654
1158886
9510479
1025482
9410865
11186110
858869

Click here for the Excel Data File

Let µ1 represent the population mean amountspent by men and µ2 represent the populationmean amount spent by women.

a. Specify the competing hypotheses that determineif the mean amount spent by men is more than that bywomen.

  • H0: μ1 −μ2 = 0; HA:μ1 − μ2 ≠ 0

  • H0: μ1 −μ2 ≥ 0; HA:μ1 − μ2 < 0

  • H0: μ1 −μ2 ≤ 0; HA:μ1 − μ2 > 0



b. Calculate the value of the test statistic.Assume that the population variances are unknown but equal.(Round intermediate calculations to at least 4 decimalplaces and final answer to 2 decimal places.)

test statistic:

Answer & Explanation Solved by verified expert
4.0 Ratings (735 Votes)
using exceladdinphstattwo sample test we have PooledVariance t Test for the Difference Between Two Means assumes equal population variances Data Confidence Interval Estimate Hypothesized Difference 0 for the Difference Between Two Means Level of Significance 005 Population 1 Sample Data Sample Size 20 Confidence Level 95 Sample Mean 257 Sample Standard Deviation 991 Intermediate Calculations Population 2 Sample Degrees of Freedom 43 Sample Size 25 t Value 20167 Sample Mean 306 Interval Half Width 58086 Sample Standard Deviation 9349 Confidence Interval Intermediate Calculations Interval Lower Limit 107086 Population 1 Sample Degrees of    See Answer
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