Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me solve this problem step by step. I need to prepare for the exam. Thank you. In order to estimate the difference between

Please help me solve this problem step by step. I need to prepare for the exam. Thank you.

In order to estimate the difference between the average yearly incomes of marketing managers in the East and West of the United States, the following information was gathered. Degrees of freedom = 83.

East n1= 40, Mean= 72 (in $1000), s1= 6 (in $1000)

West n2= 45, Mean = 78 (in $1000), s2= 8 (in $1000

At= .05, test to determine if the average yearly income of marketing managers in the East is significantly different from those in the West.

State the null and alternative hypothesis, critical value, test-statistic, and your decision.

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

College Algebra And Trigonometry A Unit Circle Approach,

Authors: Mark Dugopolski

5th Edition

0321908252, 9780321908254

More Books

Students also viewed these Mathematics questions

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago