Consider the following hypothesis statement using a = 0.01 and data from two independent samples: H0: m1

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Consider the following hypothesis statement using a = 0.01 and data from two independent samples:

H0: m1 - m2 Ú 0 H1: m1 - m2 6 0 x1 = 122 x2 = 139 s1 = 39 s2 = 33 n1 = 40 n2 = 45

a. Calculate the appropriate test statistic and interpret the result.

b. Calculate the p-value and interpret the result.

c. Verify your results using PHStat.

AppendixLO1

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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Question Posted: Jul 10, 2024 02:03 AM

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Consider the following hypothesis statement using a = 0.01 and data from two independent samples: H0: m1

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Business Statistics

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