Question
Independent random samples were selected from two quantitative populations, with sample data given below. Using the p -value approach for the data given below, is
Independent random samples were selected from two quantitative populations, with sample data given below. Using thep-value approach for the data given below, is there sufficient evidence to show that1is larger than2 at the 1% level of significance?
n1=n2= 50,x1=124.9,x2=123.6,s1=5.7,s2=6.9
Use the value of the test statistics1.03to calculate thep-value for the test. (Round your answer to four decimal places.)
p-value = __________________
State your conclusion.
A) H0is not rejected. There is sufficient evidence to indicate that the mean forpopulation 1is larger than the mean forpopulation 2.
B) H0is rejected. There is sufficient evidence to indicate that the mean forpopulation 1is larger than the mean forpopulation 2.
C) H0is not rejected. There is insufficient evidence to indicate that the mean forpopulation 1is larger than the mean forpopulation 2.
D) H0is rejected. There is insufficient evidence to indicate that the mean forpopulation 1is larger than the mean forpopulation 2.
Is this result consistent with the one obtained using the critical value approach, with= 0.01?
Yes OR No
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