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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