Refer to Exercise 18. You have selected two random samples of size 50, one from Population 1
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Refer to Exercise 18.
You have selected two random samples of size 50, one from Population 1 and one from Population 2. You intend to use the samples to test the following hypotheses regarding the difference in means for the two populations: H0: μ1 – μ2 = 0 Ha: μ1 – μ2 ≠ 0
a. Compute the p-value for the sample result and explain what it means.
b. Use the p-value from part a to decide whether you will reject the null hypothesis. Explain your decision.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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