Question
All work must be shown step by step. When using Excel for calculations list the Excel functions used and when they were used and explain
All work must be shown step by step. When using Excel for calculations list the Excel functions used and when they were used and explain how you arrived at the answers. Attach the Excel file.
Players Round 1
1.70
2.71
3.70
4.72
5.70
6.67
7.71
8.68
9.67
10.70
11.72
12.72
13.70
14.70
15.68
16.68
17.71
18.70
19.69
20.67
PlayersRound 2
1.72
2.72
3.75
4.71
5.69
6.67
7.67
8.75
9.73
10.69
11.72
12.70
13.73
14.77
15.70
16.65
17.70
18.68
19.68
20.71
Tallies in the first and fourth (final) rounds for a sample of 20 golfers who competed in the PGA tournaments are listed above. Suppose you would like to determine if the mean score for the first round of a PGA Tour event is significantly different than the mean tally for the fourth and final round. You are intrigued: Does the pressure of playing in the final round cause tallies to go up? Or does the increased player concentration cause tallies to come down?
PLEASE INCLUDE THE EXCEL FORMULAS USED
1.Use a = 0.10 to test for a statistically significant difference between the populations means for the first- and fourth-round tallies. What is the p-value? What is your conclusion?
2.Find the point estimate for the difference between the two population means. For which round is the population mean tally lower?
3.Develop a 90% confidence interval estimate for the difference between the population means. Use the single population methodology where the confidence interval is given by
dt(/2)sd/n.
Notice that 0 is in this interval: what does this say about the statistical significance of the difference in the means?
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