In: Statistics and Probability
We are interested in studying whether Private Colleges costs at least $15,000 more than Public Colleges. This is to run an advertisement campaign to promote more high school students to consider public colleges to save at least $15,000 in tuition a year. See the excel file CollegeCosts for the random samples showing the annual cost of attending private and public colleges. Data are in thousands of dollars.
What is the p-value for this hypothesis testing. ROUND TO 4 DECIMAL PLACES. Thank you!