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Calculate appropriate test statistic and interpret result

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Reference no: EM132870773

The following table shows the average hourly wage rates for? day-care centers from two locations based on two random samples.
Location 1 Location 2
Sample mean ?$9.56 ?$8.69
Sample standard deviation ?$1.17 ?$1.11
Sample size 27 34
a. Perform a hypothesis? test, using α=0.01?, to determine if the average hourly wage for? day-care workers in Location 1 is? $0.50 per hour higher than the average hourly wage for? day-care workers in Location 2. Assume the population variances for wage rates in each location are equal.
The null and alternative hypotheses for the test.
H0: μ1-μ2 <= ?$0.50
H1: μ1-μ2 >?$0.50
Calculate the appropriate test statistic and interpret the result.
The test statistic is =?
?(Round to two decimal places as? needed.)

Reference no: EM132870773

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