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 ($)
130
136
147
161
132
147
Audit($)
131
103
132
132
140
107
132
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 0.05 and 0.1
between 0.01 and 0.025
less than 0.01
between 0.025 and 0.05
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