Question: Can someone please help me with this question? Statistics Canada produces on consumer price indexesiCFl} for two different categories. The ten years' data {19864995} below

Can someone please help me with this question?

Statistics Canada produces on consumer price indexesiCFl} for two different categories. The ten years' data {19864995} below show the indexes for durable goods {durable} and semivdurable goods {semi} with EDGE as the base year. 999 m 1999 1999 1999 1991 1999 1999 1991 99 Given the significant level (I = 10%. conduct a test about whether the population mean CPI {1936 - 1995} for durable goods is different from the population mean CPI {1986 - 1995} for semi-durable goods. Please write down {1} the value of test statistics, {2} critical values and {3} make conclusion based on rejection region
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
