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A study was conducted at the Department of Health and Physical Education at Virginia Polytechnic Institute and State University to determine if 8 weeks of training truly reduces the cholesterol levels of the participants. A treatment group consisting of 15 people was given lectures twice a week on how to reduce their cholesterol level. Another group of 18 people of similar age were randomly selected as a control group. All participants' cholesterol levels were recorded at the end of the 8-week program and are listed below.
Treatment: 129 131 154 172 115 126 175 191 122 238 159 156 176 175 126
Control: 151 132 196 195 188 198 187 168 115 165 137 208 133 217 191 193 140 146
Can we conclude, at the 5% level of significance, that the average cholesterol level has been reduced due to the program? Make the appropriate test on means.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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