In: Statistics and Probability
The average mpg usage for a 2009 Toyota Prius for a sample of 8 tanks of gas was 43.0 with a standard deviation of 1.4. For a 2009 Honda Insight, the average mpg usage for a sample of 8 tanks of gas was 41.0 with a standard deviation of 1.9. |
Assuming equal variances, at α = 0.05, is the true mean mpg lower for the Honda Insight? |
(a-1) | Choose the appropriate hypotheses. |
a. | H0: μtoy – μhon ≤ 0 vs. H1: μtoy – μhon > 0. Reject H0 if tcalc > 1.761 |
b. | H0: μtoy – μhon ≤ 0 vs. H1: μtoy – μhon > 0. Reject H0 if tcalc < 1.761 |
c. | H0: μtoy – μhon ≥ 0 vs. H1: μtoy – μhon < 0. Reject H0 if tcalc < – 1.761 |
d. | H0: μtoy – μhon ≥ 0 vs. H1: μtoy – μhon < 0. Reject H0 if tcalc > – 1.761 |
(a-2) | Calculate the tcalc. (Round your answer to 4 decimal places.) |
tcalc |
(a-3) | Based on the tcalc determined, choose the correct decision. |
|
(a-4) | Is the true mean mpg lower for the Honda Insight? |
|
(b) | Calculate the p-value using Excel. (Round your answer to 4 decimal places.) |
p-value |
a-1) The appropriate hypotheses are -
b. H0: μtoy – μhon ≤ 0 vs. H1: μtoy – μhon > 0
a-2) and a-3)
a-4) Yes.
b) To get P-value, Excel command : 1 - T.DIST(2.396886,12,TRUE)
Here,
P-value = 0.0169