Illustrate hypotheses-test statistic and critical values

Reference no: EM13110952

Test H0: μ1 ≤ μ2; H1: μ1 > μ2 at α = .05, when X ¯1 = 75.4, X ¯2 = 72.2, s1 = 3.3, s2 = 2.1, n1 = 6, n2 = 6. Signify which test you are conducting; illustrate hypotheses, test statistic and critical values and mention whether one-tailed or two-tailed. Here mu is Greek letter that is used to signify population mean and Xbar is sample mean.

Reference no: EM13110952

Questions Cloud

Illustrate what is abc market capitalization : Given the above EPS and a price-earnings ratio (PE) of 10 the stock price per share of ABC stock is? Illustrate what is ABC's Market Capitalization?

List the resources in the correct apa writing style : Comprise a minimum of 2-4 resources; 1 resource must be peer reviewed. List the resources in the correct APA writing style.

Null and alternative hypothesis-critical values : Identifying H0and Hr in ex 5-12 , examine the given statement , then express the null hypothesis H0 and alternative hypothesis H1 in symbolic form.

Discuss your plans to increase sales of product to current : Discuss your plans to increase sales of the product to current and potential customers. Explain how would you position your product in the marketplace?

Illustrate hypotheses-test statistic and critical values : Signify which test you are conducting; illustrate hypotheses, test statistic and critical values and mention whether one-tailed or two-tailed.

Why do you think it is an advantage for pigs : Why do you think it is an advantage for pigs to have long uterine horns and a small uterine body, and not the opposite?

Are the bakeries in violation of the antitrust laws : The association also decided to raise the retail price of bread from 75 to 85 cents. All the association's members printed the new price on their bread sleeves. Are the bakeries in violation of the antitrust laws?

Knowledge regarding hypothesis test : A consumer watchdog organization wants to see whether Bank N in the northern part of a state has a higher default rate than Bank S in the southern part of that same state.

Illustrate what will be its dividends payout ratio : If Axel reports Net Income of $ 2,000,000 and it follows a residual dividends payout policy, illustrate what will be its dividends payout ratio?

User Account

All Pages