Refer to Exercise 20. You have a random sample of 100 population members from each of two

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Refer to Exercise 20. 

You have a random sample of 100 population members from each of two populations. You intend to use sample results to test the following hypotheses: H0: μ1 – μ2 < 0 Ha: μ1 – μ2 > 0 

a. Compute the p-value for the sample result and explain what it means. 

b. Use the p-value from part a to decide whether you will reject the null hypothesis. Explain your decision.

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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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