Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. the average income of 16 families who reside in a

The average income of 16 families who reside in a large city is $54,356 and the...

70.2K

Verified Solution

Question

Basic Math

The average income of 16 families who reside in a large city is$54,356 and the standard deviation is $8256. The average income of12 families who reside in a suburb of the same city is $46,512 witha standard deviation of $1311. At ? = 0.01, can it be concludedthat the income of the families who reside within the city isgreater than that of those who reside in the suburb? Assume thepopulations have equal variances and use the p-value method.

Answer & Explanation Solved by verified expert
4.0 Ratings (658 Votes)
Given Null andAlternative HypothesesThe following null and alternative hypotheses need to betestedHo 1 2Ha 1 2This corresponds to    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Consider the following competing hypotheses and accompanying sample data. (You may find it useful to reference...

Accounting
1.2K views

What would be some pros and cons of using acutal versus capacity cost driver rates and...

Biology
1.2K views

Describe the functions of each of the following parts of thenephron and associated structures in...

Basic Math
1.2K views

blem 5 The table lists the concentration of E coli bacteria P in billions per...

Basic Math
1.2K views

Two lines are cut by a transversal. If you want to show that the lines...

Basic Math
1.2K views

Find the 5th term in the expansion of (x+3).1265x2835x945x2835x20 pts

Algebra
1.2K views

Find the first & second derivatives of the following functions:a) f(x) = Q^(?)b) f(x)=(Y?-1)/Y?

Algebra
1.2K views

Let f x 2x 2 Evaluate each of the following a f 3 b f...

Accounting
1.2K views

If Sam borrows money from Carol by issuing a note, Sam is the endorser of...

Accounting
1.2K views

Please use this excel format to solve below question Mitchell Gordon...

Accounting
1.2K views

For example, electricity costs are $1,200 per month plus $0.06 per car washed. The company...

Accounting
1.2K views

Because most of the parts for its irrigation systems are standard, Waterways handles the majority...