Question
A professor is looking to buy a new car. She would like to know if Domestic cars have shorter life than Import cars. She collected
A professor is looking to buy a new car. She would like to know if Domestic cars have shorter life than Import cars. She collected the following sample data,to test her hypothesis:
Domestic | Import | |
Sample mean | 11.1years | 17.4 years |
Sample size | 14 | 17 |
Sample standard deviation | 4.5 years | 4.9 years |
Use the p-value value approach to test this hypothesis with = 0.05. a) Determine the point estimate for the difference between population means. b) Calculate a 95% confidence interval for the difference between population means. c)Perform a test of the hypothesis that the mean for Domestic cars is less than that for the Import cars, at a 95% confidence level. Show all parts of the hypothesis test, including your hypothesis, your test-statistic calculation, your p-value calculation, and your conclusion.
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