Question

In: Statistics and Probability

If you take this sample and break into 2 samples, one for graduate degrees (MBA and...

If you take this sample and break into 2 samples, one for graduate degrees (MBA and MSE) and one for undergraduate degrees (BA and BSE), would you believe the populations have different GPAs?

3.56

MBA

3.51

BA

3.75

MBA

2.85

BA

3.2

MBA

2.94

BA

3.2

MBA

3.25

BA

3.87

MSE

2.65

BSE

3.2

MSE

3.47

BSE

                                              3.46

Mean (Grad)

                  3.11

Mean (Undergrad)

                              0.28

std dev.

               0.32

std dev.

  1. What test would you perform?
    1. Z-test of a mean
    2. T-test of a mean
    3. T-test of 2 sample means
    4. Chi-square test
  2. What is the value of the test statistic?
    1. 2.02
    2. 2.68
    3. 3.06
    4. 3.11
  3. What is the p-value?
    1. 0.0074
    2. 0.0280
    3. 0.0373
    4. 0.0746
  4. Based on a significance level of 0.05, would you reject or fail to reject and why?
    1. Reject because p < alpha
    2. Reject because p > alpha
    3. Fail to reject because p < alpha
    4. Fail to reject because p > alpha

Solutions

Expert Solution

(a)

Question:

What test would you perform ?

Correct option:

T-test of 2 sample means

(b)

What is the value of the test statistic?

Correct option:

2.02

Explanation:

H0:Null Hypothesis: ( the populations for graduate degrees (MBA and MSE) and for undergraduate degrees (BA and BSE), have same GPAs )

HA: Alternative Hypothesis: ( the populations for graduate degrees (MBA and MSE) and for undergraduate degrees (BA and BSE), have different GPAs )

Pooled Standard Deviation is given by:

Test Statistic is given by:

(c)

Question:

What is the p-value?

Correct option:

0.0746

Explanation:

Corresponding to t score =2.02 and df =6 + 6 - 2 = 10, By Technology,

p - value = 0.0746

(d)

Question:

Based on a significance level of 0.05, would you reject or fail to reject and why?

Correct option:

Fail to reject because p > alpha


Related Solutions

indicate the formulas for finding the degrees of freedom for: One-sample t-test Two independent-samples t-test Paired-samples...
indicate the formulas for finding the degrees of freedom for: One-sample t-test Two independent-samples t-test Paired-samples t-test
3. Suppose you are the manager of an airline company. As a recent MBA graduate, you...
3. Suppose you are the manager of an airline company. As a recent MBA graduate, you decided to use all the knowledge you have acquired to improve the firm’s pricing decisions. To begin with, you search for a market survey company to find out the demand curve for flights. The market survey company sent you back a report stating that there are two distinct segments of consumers - tourists and business travelers – and that their demand curves are given...
Take the sine (in degrees) of (10x2) & then (80x2). What do you notice? Take the...
Take the sine (in degrees) of (10x2) & then (80x2). What do you notice? Take the sine of (30x2) & then (60x2). What does this tell you about the range obtained for the second pair of angles. Draw a diagram to demonstrate. please answer all parts of question including diagram.
1. You are conducting a one-sample mean t-test. Sample size = 33. How many degrees of...
1. You are conducting a one-sample mean t-test. Sample size = 33. How many degrees of freedom (df) would you need when using the t-table? 2. For your sample, n = 25. You are running a two-tailed test and your alpha level (α) is 0.10. Using a t-table from your book or online with Canvas, what would be your critical value? 3. For your sample, n = 5. You are running a one-tailed test and your alpha level (α) is...
2. Consider the following data on salaries and experience. Persons 2,4,6,8,and 9 have MBA degrees. All...
2. Consider the following data on salaries and experience. Persons 2,4,6,8,and 9 have MBA degrees. All others only have undergraduate degrees. Calculate the regression of Salary on Experience within a model that controls for whether a person has an MBA or not. b. Print the data set that allows you to do this regression. Sketch the graph the estimated regression that clearly indicates the impact of a MBA degree on Salary. c. What is the market value of the MBA...
One of my graduate students was measuring out samples of vanillin and acetamide and placed them...
One of my graduate students was measuring out samples of vanillin and acetamide and placed them on a watchglass for analysis. She did not label the samples and they both look very similar.How could she determine which sample is which? Briefly describe what you would do.
Say you are provided two samples containing an unknown concentration of calcium. One sample is a...
Say you are provided two samples containing an unknown concentration of calcium. One sample is a liquid and one sample is a solid (ie. calcium tablet). What analytical technique would be most efficient for chemical analysis and why? Take into consideration LOD, convenience, precision, accuracy, etc.
You are trying to decide whether to take a job after you graduate or go onto...
You are trying to decide whether to take a job after you graduate or go onto graduate school. Consider the following questions as you make your decision. A. Which of these costs, for the most part, would be relevant (R), and which would be irrelevant (IR)? ◦ Cost of your undergraduate education ◦ Salary with an undergraduate degree ◦ Salary with both an undergraduate degree and a graduate degree ◦ Rent ◦ Car Insurance ◦ Graduate school tuition and fees...
The body temperatures in degrees Fahrenheit of a sample of adults in one small town are:...
The body temperatures in degrees Fahrenheit of a sample of adults in one small town are: 99.3 99.1 97.6 97.4 97.9 97.1 97.2 Assume body temperatures of adults are normally distributed. Based on this data, find the 99% confidence interval of the mean body temperature of adults in the town. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. Assume the data is from a normally distributed population. 99% C.I. =    
The body temperatures in degrees Fahrenheit of a sample of adults in one small town are:...
The body temperatures in degrees Fahrenheit of a sample of adults in one small town are: 96.8 98.3 99.6 96.7 97.1 97.5 97 99.5 99 99.2 98.4 Assume body temperatures of adults are normally distributed. Based on this data, find the 95% confidence interval of the mean body temperature of adults in the town. Enter your answer as an open-interval (i.e., parentheses) accurate to 3 decimal places. Assume the data is from a normally distributed population. 95% C.I. =
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT