Question

In: Statistics and Probability

In a recent study, 5 Japanese and 6 U.S. plants that manufacture air conditioners were sampled...

In a recent study, 5 Japanese and 6 U.S. plants that manufacture air conditioners were sampled and their turnover rates determined. The Japanese plants had a mean turnover of 3.12 percent with a standard deviation of 1.23 percent. The U.S. plants had a mean turnover of 6.30 percent with a standard deviation of 1.26 percent. Use this data and test whether there is a population difference in percent turnover between Japanese and U.S. air conditioning manufacturers

1. Find the Critical value, Pooled variance and T-stats

Solutions

Expert Solution

Let denote the mean turnover of  Japanese and U.S. air conditioning manufacturers respectively.

orchestra answered 1 year ago
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