Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A recent article in the Wall Street Journal compared the cost of adopting a child from China with that of Russia. For a sample of

A recent article in the Wall Street Journal compared the cost of adopting a child from China with that of Russia. For a sample of 13 adoptions from China, the mean cost was $11,845, with a standard deviation of $635. For a sample of 18 adoptions from Russia, the mean cost was $12,840, with a standard deviation of $1,545. Assume the sampled populations are normally distributed with unknown population variances that are not assumed to be equal. At the 0.05 significance level, can we conclude that the mean cost of adopting a child from Russia is greater than the cost of adopting a child from China?

Conduct the appropriate hypothesis test and report the p-value. Do not round intermediate calculations. Round your answer to four decimal places. Include the leading zero. Format: 0.0000

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

Recommended Textbook for

Several Real Variables

Authors: Shmuel Kantorovitz

1st Edition

3319279564, 9783319279565

More Books

Students also viewed these Mathematics questions