Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0 / 2.5 pts Incorrect Question 28 The table below has gas prices per gallon from two different gas companies taken from 9 pairs of

image text in transcribed
0 / 2.5 pts Incorrect Question 28 The table below has gas prices per gallon from two different gas companies taken from 9 pairs of stations in 9 different regions of the country (one station from each company from each region). What are the appropriate null and alternative hypothesis for a two-tailed test that should be used to determine if the average price charged by one company is different than the average price charged by the other company? What is the absolute value of the test statistic (or calculated statistic)? The companies are named 'AAAA' and 'BBBB', and regions are numbered from 100 to 900. Rgn | AAAA | BBBB 100 | 3.81 | 2.36 200 | 2.22 | 1.14 300 | 1.55 | 2.98 400 | 3.75 | 1.56 500 | 1.89 | 1.25 600 | 3.27 | 2.97 700 | 2.61 | 3.82 800 | 2.31 | 2.90 900 | 2.93 | 3.78 Ho: mu_diff = 0; Ha: mu_diff not = 0; test stat = 0.4072 Ho: mu_AAAA = mu_BBBB; Ha: mu_AAAA not = mu_BBBB; test stat = 0.4072 Ho: mu_diff > = 0; Ha: mu_diff

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Mathematics questions