Question: Using the data in Exercise 3, test the hypothesis that the mean age of houses in the two neighborhoods is the same. You may assume

Using the data in Exercise 3, test the hypothesis that the mean age of houses in the two neighborhoods is the same. You may assume that the ages of houses in each neighborhood follow a Normal distribution.
a) Calculate the P-value of the statistic knowing that the approximation formula gives 62.2 df (you will need to round or use technology).
b) Calculate the P-value of the statistic using the rule that df is at least min (n1 – 1, n2 – 1).
c) What do you conclude at α = 0.05?

Step by Step Solution

★★★★★

3.48 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Using technology the Pvalue 0001 b The df 29 using this rule Usin... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

452-M-C-M-S (109).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Using the data in Exercise 4, test the hypothesis that the mean number of page views from the two websites is the same. You may assume that the number of page views from each website follow a Normal...

Use StatKey or other technology and the data in Exercise Hours to carry out any two of the three randomization procedures as described in parts (a) to (c) in Exercise 4.144 comparing mean hours of...

Calculate breadth for the NYSE using the data in Figure. Is the signal bullish orbearish? Trading Diary: Volume, Advancers, Decliners Markets Diary Issues Advancing Declining unchanged Total NYSE...

=+7. Using the data in Exercise 3, test the hypothesis that the mean age of houses in the two neighborhoods is the same. You may assume that the ages of houses in each neighborhood follow a Normal...

7. Using the data in Exercise 3, test the hypothesis that the mean ages of houses in the two neighborhoods is the same. You may assume that the ages of houses in each neighborhood follow a Normal...

Using the data in Exercise 2, test the hypothesis that the mean numbers of page views from the two websites are the same. You may assume that the number of page views from each website follows a...

8. Using the data in Exercise 4, test the hypothesis that the mean number of page views from the two websites is the same. You may assume that the number of page views from each website follow a...

=+8. Using the data in Exercise 4, test the hypothesis that the mean number of page views from the two websites is the same. You may assume that the number of page views from each website follow a...

A developer wants to know if the houses in two different neighborhoods were built at roughly the same time. She takes a random sample of six houses from each neighborhood and finds their ages from...

Which statement is true about the pricing model on AWS? (Select the best answer.) O In most cases, there is a per gigabyte charge for inbound data transfer. Storage is typically charged per gigabyte....

In 2016, Dmitri became responsible for providing his own health insurance. He obtained suitable coverage and paid annual premiums as shown in the following table. Compute Dmitri's total premiums:...

Question 3 You have been hired by the CFO of Lugo Industries to help estimate its cost of common equity. You obtained the following data: r d = Yield on the firm's bonds = 7 % , and the risk premium...

Decision tree analysis is used to calculate the average outcome when the future includes scenarios that may or may not happen. What is the input and output in a decision node? A. Input: Cost of each...

The Gallup-Healthways Well-Being Index (www.well-beingindex.com) provides an assessment measure of health and well-being of U.S. residents. By collecting periodic data on life evaluation, physical...

In a simple linear regression, the following information is given: = 34; = 44; ((xi - )(yi ) = 1250; ((xi - )2 = 925 a. Calculate b1. b. Calculate b0. c. What is the sample regression equation?...

In a simple linear regression, the following information is given: = -25; = 56; (xi -) (yi -) = -866 ; (xi -)2 = 711 a. Calculate b1. b. Calculate b0. c. What is the sample regression equation?...

Exercise Problems #2, #3, & #4 will use relations similar to those in our semester project. Here are each of the relations for this homework: Stores( store id: integer, name: String, address: string)...

Score: 0 of 1 pt 6 of 7 (5 complete) HW Score: 44.64%, 3.13 of 7 pts Ja Next Question P18-17 (similar to) Question Help FE Operating exposure. Copy-Cat, Inc. has signed a deal to make vintage Nissan...

Esfandairi Enterprises is considering a new three - year expansion project that requires an initial fixed asset investment of $ 2 , 3 0 0 , 0 0 0 . The fixed asset will be depreciated straight - line...