Question: (6) (made-up data) Hypothesis Test problem comparing two population MEANS. Make sure to show your setup for the t-Test, df, and how you found the
(6) (made-up data) Hypothesis Test problem comparing two population MEANS. Make sure to show your setup for the t-Test, df, and how you found the t-Critical.Also, use software to find the p-value (probability) is it larger or smaller than? Does this conclusion match the one based on the t-Test versus t-Critical? (It must). For the p-value, make sure you know which area (right or left) you need to use (greater than or less than). (If NO Confidence Level or is provided assume 95% and 5%, respectively)
Median Income for Males
| $42,951 | $52,379 | $42,544 | $37,488 | $49,281 | $50,987 | $60,705 |
| $50,411 | $66,760 | $40,951 | $43,902 | $45,494 | $41,528 | $50,746 |
| $45,183 | $43,624 | $43,993 | $41,612 | $46,313 | $43,944 | $56,708 |
| $60,264 | $50,053 | $50,580 | $40,202 | $43,146 | $41,635 | $42,182 |
| $41,803 | $53,033 | $60,568 | $41,037 | $50,388 | $41,950 | $44,660 |
Median Income for Females
| $31,862 | $40,550 | $36,048 | $30,752 | $41,817 | $40,236 | $47,476 |
| $60,332 | $33,823 | $35,438 | $37,242 | $31,238 | $39,150 | $34,023 |
| $33,269 | $32,684 | $31,844 | $34,599 | $48,748 | $46,185 | $36,931 |
| $29,548 | $33,865 | $31,067 | $33,424 | $35,484 | $41,021 | $47,155 |
| $42,113 | $33,459 | $32,462 | $35,746 | $31,274 | $36,027 | $37,089 |
t-Test = [(x-bar1 - x-bar2) -(1 - 2)] / sqrt ( s12/n1 + s22/n2)
To find the t-Critical we need the degrees of freedom (df) and the formula to calculate df is "hairy". As presented earlier, there simpler formula that is used by some statisticians: df = (n1 - 1) + (n2 - 1)
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