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THE US -0.009 0.000 0.060 0.041 0.082 0.076 0.021 0.073 0.045 0.023 0.033 0.012 -0.002 0.044 0.071 -0.002 0.057 0.005 0.072 0.084 0.006 0.039 0.082

THE US

-0.009 0.000 0.060 0.041 0.082 0.076 0.021 0.073 0.045 0.023 0.033 0.012 -0.002 0.044 0.071 -0.002 0.057 0.005 0.072 0.084 0.006 0.039 0.082 0.015 0.032 0.041 -0.005 0.020 0.057 0.069 0.059 0.073 0.038 0.079 -0.016 0.052 -0.008 0.083 0.071 0.012 -0.004 0.055 0.057 0.019 0.053 0.036 0.055

EUROPE

-0.009 0.000 0.060 0.041 0.082 0.076 0.021 0.073 0.045 0.023 0.033 0.012 -0.002 0.044 0.071 -0.002 0.057 0.005 0.072 0.084 0.006 0.039 0.082 0.015 0.032 0.041 -0.005 0.020 0.057 0.069 0.059 0.073 0.038 0.079 -0.016 0.052 -0.008 0.083 0.071 0.012 -0.004 0.055 0.057 0.019 0.053 0.036 0.055

(c)

Find the value of the test statistic. Use12.

(Round your answer to two decimal places.)

Find thep-value.

(Round your answer to four decimal places.)

(d)

Develop a 95% confidence interval for thedifferencebetween the means of the two populations. Use EuropeU.S.

_____to________(Round your answers to three decimal places.)

(e)

You may need to use the appropriateappendix tableortechnologyto answer this question.

Develop a 95% confidence interval for the population mean gasoline prices for each location (Europe and the U.S.).

Europeto__________(Round your answers to three decimal places.)U.S.to__________(Round your answers to three decimal places.)

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