A random sample of 30 Georgia residents provided a mean income of $46,000 earned last year. Another sample from Ohio residents showed a mean income of $43,000 during the same period. Did Georgia residents earn a higher income compared to the Ohio ones last year?
The test statistic is…
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Ans.
Note: If the variances of both the samples are known, then you use the Z test
If the variances of both samples are same but not know then you can use t teat
A random sample of 30 Georgia residents provided a mean income of $46,000 earned last year....
A random sample of 30 Georgia residents provided a mean income of $46,000 earned last year. Another sample from Ohio residents showed a mean income of $43,000 during the same period. Did Georgia residents earn a higher income compared to the Ohio ones last year? The test statistic is…
A random sample of 30 Georgia residents provided a mean income of $46,000 earned last year. Another sample from Ohio residents showed a mean income of $43,000 during the same period. At the population level, using Georgia as population 1 and Ohio as population 2, did Georgia residents earn a higher income compared to the Ohio ones last year? If the p-value is 0.015, at α=.05, what is your conclusion? Question 4 options: a) Georgia income was higher than Ohio...
A random sample of 30 Georgia residents provided a mean income of $46,000 earned last year. Another sample from Ohio residents showed a mean income of $43,000 during the same period. At the population level, using Georgia as population 1 and Ohio as population 2, did Georgia residents earn a higher income compared to the Ohio ones last year? The hypotheses are: Question 3 options: a) Ho: µ1-µ2=0 Ha: µ1-µ2≠0 b) Ho: µ1-µ2≥0 Ha: µ1-µ2<0 c) Ho: µ1-µ2≤0 Ha: µ1-µ2>0...
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