In: Statistics and Probability
A sample of 37 observations is selected from one population with a population standard deviation of 4.0. The sample mean is 100.5. A sample of 56 observations is selected from a second population with a population standard deviation of 4.4. The sample mean is 98.6. Conduct the following test of hypothesis using the 0.05 significance level.
H0 : μ1 = μ2
H1 : μ1 ≠ μ2
Is this a one-tailed or a two-tailed test?
One-tailed test
Two-tailed test
State the decision rule. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
Compute the value of the test statistic. (Round your answer to 2 decimal places.)
What is your decision regarding H0?
Reject H0
Do not reject H0
What is the p-value? (Round your answer to 4 decimal places.)
a) gtwo tailed test
b)
α=0.05
reject Ho, if z <-1.96 or z >1.96
c)
sample #1 ------->
mean of sample 1, x̅1=
100.5000
population std dev of sample 1, σ1 =
4
size of sample 1, n1= 37
sample #2 --------->
mean of sample 2, x̅2= 98.6000
population std dev of sample 2, σ2 =
4.4
size of sample 2, n2= 56
difference in sample means = x̅1 - x̅2 =
100.5 - 98.6 =
1.9
std error , SE = √(σ1²/n1+σ2²/n2) =
0.8821
Z-statistic = ((x̅1 - x̅2)-µd)/SE =
1.9 / 0.8821 =
2.15
d)
reject Ho
(because z stat > 1.96)
e) p-value = 0.0312 [excel formula =2*NORMSDIST(z)]