Part (a) Using the THE TABLE BELOW that is posted with the assignment, carry out a “t-test: Two-Sample Assuming Unequal Variances” in Excel (with α = 0.05) that tests whether there is a difference in mean maintenance costs between buses with Diesel engines and those with gasoline engines. using Excel file include the output as part of the answer Part (b) (“reject” or “do not reject”) regarding the null hypothesis that the two population means are equal to each other? Indicate on which part of the Excel output you base your decision. Part (c) Explain what the decision in part (b), i.e., “rejecting H0” or “not rejecting H0” means in this context at a level that can be understood by a high school senior. USE THE FOLLOWING TABLE Buena School District Bus Data - Monthly Maintenance Cost (in Dollars) by Engine Type |
Maintenance Cost for Buses with Diesel Engines | Maintenance Cost for Buses with gasoline Engines |
503 | 514 |
380 | 466 |
432 | 359 |
329 | 427 |
503 | 474 |
505 | 382 |
546 | 474 |
561 | 558 |
357 | 497 |
329 | 459 |
489 | 355 |
455 | 436 |
503 | 514 |
380 | 406 |
432 | 474 |
478 | 382 |
471 | 422 |
444 | 474 |
493 | 558 |
452 | 360 |
461 | 460 |
496 | 423 |
469 | 477 |
433 | 453 |
561 | 444 |
357 | 457 |
329 | 461 |
525 | 455 |
374 | 462 |
389 | 470 |
450 | |
561 | |
581 | |
427 | |
366 | |
382 | |
370 | |
400 | |
527 |
Sol:
in excel install analysis tool pak then go to
Data>Data analysis>t test assuming unequal variance
You will get
Output:
t-Test: Two-Sample Assuming Unequal Variances | ||
Maintenance Cost for Buses with Diesel Engines | Maintenance Cost for Buses with gasoline Engines | |
Mean | 448.7179487 | 451.7666667 |
Variance | 5160.62888 | 2645.426437 |
Observations | 39 | 30 |
Hypothesized Mean Difference | 0 | |
df | 67 | |
t Stat | -0.205309159 | |
P(T<=t) one-tail | 0.418976545 | |
t Critical one-tail | 1.667916114 | |
P(T<=t) two-tail | 0.837953091 | |
t Critical two-tail | 1.996008354 |
Part (b)
Based on the t-test, what is your decision
(“reject” or “do not reject”) regarding the null hypothesis that the two population means are equal to each other?
Indicate on which part of the Excel output you base your decision.
t stat=-0.2053
p value=0.838
p>0.05
do not reject null hypothesis
Part (c)
Explain what the decision in part (b), i.e., “rejecting H0” or “not rejecting H0”
means in this context at a level that can be understood by a high school senior
if p<alpha reject Ho.
if p>alpha ,fail to reject Ho.
here alpha=0.05
p value for two tail 0.838
Part (a) Using the THE TABLE BELOW that is posted with the assignment, carry out...
(All in Excel) See the population data for Buena School District buses such as: a) Determine the size of a sample of average bus maintenance, at a confidence level of 95% and with an estimated error of $ 25. b) Construct the 95% confidence interval of the average maintenance of the buses. c) Construct the confidence interval of 90% of the average mileage of the buses. Maintenance 329 503 505 466 359 546 427 474 382 422 433 474 558...
Using the “Bus Maintenance.xls” file that is posted with the assignment, carry out a “t-test: Two-Sample Assuming Unequal Variances” in Excel (with α = 0.05) that tests whether there is a difference in mean maintenance costs between buses with Diesel engines and those with gasoline engines.