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Suppose you are an expert on the fashion Industry and wish to gather information to compare the amount earned per month by models featuring Liz

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Suppose you are an expert on the fashion Industry and wish to gather information to compare the amount earned per month by models featuring Liz Claiborne attire with those of Calvin Klein. The following is the amount ($000) earned per month by a sample of 15 Claiborne models. $546 5613 $7.3 $4.6 23. 4 $61 1 54.6 6 5 The following is the amount ($000) earned by a sample of 12 Klein models 3-9 Click here for the Excel Data File Is It reasonable to conclude that Claiborne models earn more? Use the 0.01 significance level and assume the population standard deviations are not the same. Required: a. Find the degrees of freedom for unequal variance test. (Round down your answer to the nearest whole number) Degrees of freedom b. State the decision rule for 0.01 significance level: H (Round your answer to 3 decimal places.) Reject Ho if 1 2 2. Compute the value of the test statistic. (Round your answer to 3 decimal places) Value of the test statistic 1. Is It reasonable to conclude that Claiborne models eam more? Use the 0.01 significance level H. It is to conclude that Claiborne m dels earn more

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