PRACTICE STATISTICS (3) For the data below, formulate HO and 01. (note data are slightly changed!) 2 Ho : There is no difference in Chameleon Iguana $150 $50 average amount spent per month $400 $200 on chameleons versel iguanas $720 $150 $500 $400 Of : There is a difference in $930 $750 $200 average amount spent on $150 chameleons and iquadas. (4) For the data above, test HO with a t test, at 6 alpha(one sided)=5%. Use the pooled variance estimate for the difference. What do you obtain for: Pooled standard deviation SEMD (Standard error of mean diff) Test statistic (Mean diff / SEMD) P value (5)Interpret the result 5