In: Statistics and Probability
A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 14 salespersons with a degree had an average weekly sale of $3542 last year, while 17 salespersons without a college degree averaged $3301 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence to support the retailer’s belief?
a. This is a:
z-test for one proportion
t-test for the mean
t-test for matched pairs
z-test for the mean
t-test for the difference in 2 means
b. This is a:
one-tailed test
two-tailed test
c. The sample statistic is:
241
3542
3301
−174
d. The test statistic is:
1.207
199.724
28.563
0.0015
e. The p-value is
0.124
0.122
0.878
0.876
a.
t test for difference between 2 means
b.
One tailed test.
c.
241
d.
1.207
e.
Nearest value to p value is,
0.124
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