2. Use Statistix to compare the variance of the prices for levels 1 and 2 of...
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2. Use Statistix to compare the variance of the prices for levels 1 and 2 of your qualitative variable. In Statistix, you will need to omit all level 3 observations in your data set to create this printout. Conduct the printout for a two-tailed test in Statistix. Attach the printout here and answer the following questions. Two-Sample T Tests for price by model model N 1 25 Mean 30638 SD SE 7140.7 1428.1 2 25 27582 10429 2085.7 Difference 3056.0 8937.2 2527.8 T-Tests for Mean Difference Null Hypothesis: difference = 0 Alternative Hyp: difference # 0 Method Pooled Satterthwaite Lower Upper Variances DF T P 95% C.I. 95% C.I. Equal 48 1.21 Unequal 42.4 1.21 0.2326 0.2334 -2026.6 -2043.8 8138.5 8155.7 Homogeneity of Variances Folded F Test (two-sided) DF 24,24 F 2.13 0.0695 Cases Included 50 a. Missing Cases 0 State the appropriate hypotheses that you wish to test to conduct a two-tailed test to compare the population variances. (2 points) Ho: Ha: Identify the test statistic and p-value that you would use to conduct this test (2 points) b. Test Statistic: C. P-Value: State the conclusion in the words of the problem you would make for this test when testing at alpha = .10. (2 points) 2. Use Statistix to compare the variance of the prices for levels 1 and 2 of your qualitative variable. In Statistix, you will need to omit all level 3 observations in your data set to create this printout. Conduct the printout for a two-tailed test in Statistix. Attach the printout here and answer the following questions. Two-Sample T Tests for price by model model N 1 25 Mean 30638 SD SE 7140.7 1428.1 2 25 27582 10429 2085.7 Difference 3056.0 8937.2 2527.8 T-Tests for Mean Difference Null Hypothesis: difference = 0 Alternative Hyp: difference # 0 Method Pooled Satterthwaite Lower Upper Variances DF T P 95% C.I. 95% C.I. Equal 48 1.21 Unequal 42.4 1.21 0.2326 0.2334 -2026.6 -2043.8 8138.5 8155.7 Homogeneity of Variances Folded F Test (two-sided) DF 24,24 F 2.13 0.0695 Cases Included 50 a. Missing Cases 0 State the appropriate hypotheses that you wish to test to conduct a two-tailed test to compare the population variances. (2 points) Ho: Ha: Identify the test statistic and p-value that you would use to conduct this test (2 points) b. Test Statistic: C. P-Value: State the conclusion in the words of the problem you would make for this test when testing at alpha = .10. (2 points)
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