Question: TEST 1 NAME: 1. There is interest at the American Savings and Loan as to whether there is a difference between average daily balances in

 TEST 1 NAME: 1. There is interest at the American Savingsand Loan as to whether there is a difference between average dailybalances in checking accounts that are joint accounts (two or more members
per account) versus single accounts (one member per account). To test this,a random sample of checking accounts was selected with following results: SingleAccount Joint Account n=20 n=30 S=$256 S=$300 =1245 Write the null and

TEST 1 NAME: 1. There is interest at the American Savings and Loan as to whether there is a difference between average daily balances in checking accounts that are joint accounts (two or more members per account) versus single accounts (one member per account). To test this, a random sample of checking accounts was selected with following results: Single Account Joint Account n=20 n=30 S=$256 S=$300 =1245 Write the null and alternative hypothesis, pooled standard deviation, t critical value using alpha=0.05, t- test statistic, decision rule, decision and conclusion. Show all work to earn full credit.2. Construct a 95% confidence interval estimate for the difference between two population means based on the following information: Population 1 |Population 2 x1 = 355 x2 = 320 01 = 50 02 = 40 n1 = 50 12 = 803. Given the following null and alternative hypotheses HO : u1 2 12 HA : ull

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