A sample of 65 observations is selected from one population with a population standard deviation of 0.75.

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A sample of 65 observations is selected from one population with a population standard deviation of 0.75. The sample mean is 2.67. A sample of 50 observations is selected from a second population with a population standard deviation of 0.66. The sample mean is 2.59. Conduct the following test of hypothesis using the .08 significance level.
H0: µ1 = ≤µ2
H1: µ1 ≠ > µ2

a. Is this a one-tailed or a two-tailed test?
b. State the decision rule.
c. Compute the value of the test statistic.
d. What is your decision regarding H0?
e. What is the p-value?

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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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