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BUSI 1013 Assignment 004 Winter 2020 Part B Use this information to answer Question 13 to Questi lation to answer Question 13
BUSI 1013 Assignment 004 Winter 2020 15. (3 points) What is the conclusion of the Hypothesis test at a = 0.05. 16. (3 points)
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Answer #1

The data provided is:

Store I Store II
461 264
384 308
167 266
293 224
187 244
115 178
195 279
280 289
228 253
315 223
205
197
Count 12 10
Mean 252.25 252.8
St Dev 98.54222 37.61442

13.

Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho: Mi = 42

Ηα: μι < μ2

This corresponds to a left-tailed test, for which a t-test for two population means, with two independent samples, with unknown population standard deviations will be used.

14.

Test Statistics

Since it is assumed that the population variances are equal, the t-statistic is computed as follows:

t = X1 - X2 252.25 -252.8 (ni-1) +(n2-1) / 1 1 ) ( 1 + /(12-1)98.542215232+(10-1)37.614418042/ 1 ) 3042 (1 + ) ni+n2-2 nin2 V

15.

Decision about the null hypothesis

Since it is observed that t=−0.017≥tc​=−1.725, it is then concluded that the null hypothesis is not rejected.

Using the P-value approach: The p-value is p=0.4935, and since p=0.4935≥0.05, it is concluded that the null hypothesis is not rejected.

It is concluded that the null hypothesis Ho is not rejected. Therefore, there is not enough evidence to claim that the population mean μ1​ is less than μ2​, at the 0.05 significance level.

Graphically

normaldistributiongrapher.php?mean=0&sig

16.

Since the population variances are assumed to be equal, we need to compute the pooled standard deviation, as follows: (nu – 1

Let me know in the comments if anything is not clear. I will reply ASAP! Please do upvote if satisfied!

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