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An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c) Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use a 0.05.) Determine the hypotheses. Let u, be the mean brand value for the technology sector and p, be the mean brand value for the financial institutions sector. Choose the correct answer below OA H₂ #4₂ #1₂ H₁: Py = P₂ OC. H₂ Hy $1₂ H₂: PyP₂ Find the test statistic ISTAT (Round to two decimal places as needed.) Choose the correct answer below OB. HP P₂ H₂ P OD. H₂ ₂ H₂ P P₂ OA. Do not reject H. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying datatable. Complete parts (a) through (c) Click the icon to view the data table A. Do not reject H.. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector B. Reject H. There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector OC OD. Do not reject H, There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector Reject Ho. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. b. Repeat (a), assuming that the population variances are not equal Determine the hypotheses Choose the correct answer below. OA H₂ P₁ P₂ H₁ H₂ ##₂ OC. H₂ #₁ #₂ H₂ P₁ P₂ Click to select your answer(s) and then click Check Answer OB. H ₂ H₂ P P₂ OD. Ho: P H₂ 1 5₂ 1/₂ An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table Complete parts (a) through (c). Click the icon to view the data table. Find the test statistic ISTAT (Round to two decimal places as needed.) Choose the correct answer below. OA. Reject Ho. There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector. OB. Do not reject Ho. There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OC. Do not reject Ho There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OD. Reject H, There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector c. Compare the results of (a) and (b) The moncleinne for norte /al and thi hoth raiart the hunthar Click to select your answer(s) and then click Check Answer An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table Complete parts (a) through (c) Click the icon to view the data table Choose the correct answer below. OA Reject H₂ There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OB. Do not reject Ho. There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OC. Do not reject H, There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OD. Reject H, There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector c. Compare the results of (a) and (b) A. The conclusions for parts (a) and (b) both reject the null hypothesis OB. The conclusions for parts (a) and (b) both do not reject the null hypothesis OC. The conclusions for parts (a) and (b) are different. Reject the null hypothesis in (a) and do not reject it in (b) OD. The conclusions for parts (a) and (b) are different Reject the null hypothesis in (b) and do not reject it in (a) or por Brand Values Technology Financial Institutions 269 354 406 446 416 511 613 614 525 824 812 898 988 965 1096 1067 Print Done - X An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c) Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use a 0.05.) Determine the hypotheses. Let u, be the mean brand value for the technology sector and p, be the mean brand value for the financial institutions sector. Choose the correct answer below OA H₂ #4₂ #1₂ H₁: Py = P₂ OC. H₂ Hy $1₂ H₂: PyP₂ Find the test statistic ISTAT (Round to two decimal places as needed.) Choose the correct answer below OB. HP P₂ H₂ P OD. H₂ ₂ H₂ P P₂ OA. Do not reject H. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying datatable. Complete parts (a) through (c) Click the icon to view the data table A. Do not reject H.. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector B. Reject H. There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector OC OD. Do not reject H, There is sufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector Reject Ho. There is insufficient evidence that the mean brand value for the technology sector is different from the mean brand value for the financial institutions sector. b. Repeat (a), assuming that the population variances are not equal Determine the hypotheses Choose the correct answer below. OA H₂ P₁ P₂ H₁ H₂ ##₂ OC. H₂ #₁ #₂ H₂ P₁ P₂ Click to select your answer(s) and then click Check Answer OB. H ₂ H₂ P P₂ OD. Ho: P H₂ 1 5₂ 1/₂ An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table Complete parts (a) through (c). Click the icon to view the data table. Find the test statistic ISTAT (Round to two decimal places as needed.) Choose the correct answer below. OA. Reject Ho. There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector. OB. Do not reject Ho. There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OC. Do not reject Ho There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OD. Reject H, There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector c. Compare the results of (a) and (b) The moncleinne for norte /al and thi hoth raiart the hunthar Click to select your answer(s) and then click Check Answer An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table Complete parts (a) through (c) Click the icon to view the data table Choose the correct answer below. OA Reject H₂ There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OB. Do not reject Ho. There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OC. Do not reject H, There is insufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector OD. Reject H, There is sufficient evidence that the mean brand value for the technology sector is less than the mean brand value for the financial institutions sector c. Compare the results of (a) and (b) A. The conclusions for parts (a) and (b) both reject the null hypothesis OB. The conclusions for parts (a) and (b) both do not reject the null hypothesis OC. The conclusions for parts (a) and (b) are different. Reject the null hypothesis in (a) and do not reject it in (b) OD. The conclusions for parts (a) and (b) are different Reject the null hypothesis in (b) and do not reject it in (a) or por Brand Values Technology Financial Institutions 269 354 406 446 416 511 613 614 525 824 812 898 988 965 1096 1067 Print Done - X
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Introductory Statistics Exploring the World Through Data
ISBN: 978-0321978271
2nd edition
Authors: Robert Gould, Colleen Ryan
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