Question
Ms. Lisa Monnin is the budget director for Nexus Media Inc. She would like to compare the daily travel expenses for the sales staff and
Ms. Lisa Monnin is the budget director for Nexus Media Inc. She would like to compare the daily travel expenses for the sales staff and the audit staff. She collected the following sample information.
Sales ($)
129
135
148
160
135
144
Audit($)
125
110
132
134
142
123
133
At the 0.05 significance level, can she conclude that the mean daily expenses are greater for the sales staff than the audit staff?
Click here for the Excel Data File
1.State the decision rule.(Round your answer to 3 decimal places.)
RejectH0ift>
2.Compute the pooled estimate of the population variance.(Round your answer to 2 decimal places.)
Pooled variance
3.Compute the test statistic.(Round your answer to 3 decimal places.)
Value of the test statistic
4.State your decision about the null hypothesis.
(Click to select)
Reject
Do not reject
H0: s a
5.Estimate thep-value.(Round your answers to 3 decimal places.)
p-value(Click to select)
between 0.01 and 0.025
between 0.05 and 0.1
between 0.025 and 0.05
less than 0.01
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