Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. the average income of 19 families who reside in a

The average income of 19 families who reside in a large metropolitan East Coast city is...

50.1K

Verified Solution

Question

Statistics

The average income of 19 families who reside in a largemetropolitan East Coast city is $62,245. The standard deviation is$9695. The average income of 12 families who reside in a rural areaof the Midwest is $60,213, with a standard deviation of $2079. At α= 0.05, can it be concluded that the families who live in thecities have a higher income than those who live in the ruralareas?

calculate test statistics and round to 2 decimal places

Answer & Explanation Solved by verified expert
4.2 Ratings (510 Votes)
Let the people of large metropolitan East Coast city be sample1rural area resident be sample 2The provided sample means are shown belowAlso the provided sample standard deviations areand the sample sizes are n119 and n2121 Null andAlternative HypothesesThe following null    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

Finance
1.2K views

Category T0 T1 T2 T3 Investment -$3,605,000 Net working capital change -$   236,000 $   236,000 Operating cash flow $1,483,000 $1,483,000 $1,483,000 Salvage $   287,000 Should Brawn accept or reject this project...

Programming
1.2K views

write a program that will print a truth table for p ^ ~q. Using C++ please.

Biology
1.2K views

Which region of a phospholipid the head or the tail can be described by the...

Physics
1.2K views

35 The charge on the d Q d12 by equation of LC oscillation oscillat 1...

Physics
1.2K views

SolveLancer Test We are given a monoatomic gas If Cp Cy 4000 J kg K...

Accounting
1.2K views

Peacock Corporation has a target capital structure of 50% common stock, 35% preferred stock, and...

Accounting
1.2K views

Please define a loss contingency. Please provide three examples

Accounting
1.2K views

The Benker Compary is prepanng its cash paymers...

Accounting
1.2K views

Hey guys, i could use some help on a Systems Analysis question. Please see the...

Accounting
1.2K views

On July 15, Piper Co. sold $18,000 of merchandise (costing $9,000) for cash. The sales...

Accounting
1.2K views

Requlred Informetlon Use the following information for the Quick Study below. The following Information applies...

Accounting
1.2K views

Escribe una frmula para calcular el precio total de tu auto nuevo. El precio de...