Question
22-24 A classicstatistics problem has students compare the average earnings of electricians and plumbers . There's such a problem in your text. We want to
22-24
A "classic"statistics problem has students compare the average earnings of electricians and plumbers . There's such a problem in your text. We want to know if the mean income of electricians and plumbers is different. The following sample information is available to you.
Mean ($/wk) | Std dev($) | Sample Size | ||
Electricians | 1071.08 | 15.6 | 12 | |
Plumbers | 1087.42 | 26.89 | 12 |
A) What are the null and alternative hypotheses to determine if there is a difference? (Don't worry about formatting your answer.)
B) If = .05 and if the Excel output shows that p-value = 0.086, would you reject Ho? Why or why not?
C) If = .05 and if the Excel output shows that p-value = 0.086, can we conclude there is a difference in the average incomes of electricians and plumbers ?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started