Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Step 3find the critical value for the rejection region use t= Do the poor spend a different amount of time in the shower than the

image text in transcribed

Step 3find the critical value for the rejection region use t=

image text in transcribed
Do the poor spend a different amount of time in the shower than the rich? The results of a survey asking poor and rich people how many minutes they spend in the shower are shown below. Assume both populations are normally distributed and average 1 is the average number of minutes that the poor spend in the shower. Poor 13 6 10 12 14 15 5 17 Rich: 10 9 6 20 15 18 19 4 12 17 15 Assume both follow a Normal distribution. Perform a hypothesis test and use a .01 level of significance. Round all answers to 4 places where possible. Step (1) Determine the null and alternative hypotheses. Ho: #1 Ha: ul Step (2) Determine the test statistic and p-value. Test Statistic: tv - -1 1391 p -value - 0.1273

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_2

Step: 3

blur-text-image_3

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

Foundations of Financial Management

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

10th Canadian edition

1259261018, 1259261015, 978-1259024979

More Books

Students also viewed these Mathematics questions