Repeat Problem 10.12 (a), assuming that the population variances in the two branches are not equal. Compare

Question:

Repeat Problem 10.12 (a), assuming that the population variances in the two branches are not equal. Compare these results with those of Problem 10.12 (a). Problem 10.12 (a)


t Test for Differences in Two Means

Data

Hypothesized Difference

0

Level of Significance

0.05

Population 1 Sample

Sample Size

15

Sample Mean

4.286667

Sample Standard Deviation

1.637985

Population 2 Sample

Sample Size

15

Sample Mean

7.114667

Sample Standard Deviation

2.082189

Intermediate Calculations

Population 1 Sample Degrees of Freedom

14

Population 2 Sample Degrees of Freedom

14

Total Degrees of Freedom

28

Pooled Variance

3.509254

Difference in Sample Means

-2.828

t-Test Statistic

-4.13431

Two-Tailed Test

Lower Critical Value

-2.04841

Upper Critical Value

2.048409

p-Value

0.000293

Reject the null hypothesis

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics A First Course

ISBN: 9780321979018

7th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

Question Posted: