In: Statistics and Probability
We compare the yearly income of a designer in Baguio and Manila, two cities in the Philippines. It is known from experience that the variance of yearly incomes in Baguio is ₱40,000 and the variance for yearly incomes in Manila is ₱90,000. A random sample of 20 families was taken in Baguio, yielding a mean yearly income of ₱47,000, while a random sample of 30 families was taken in Manila, yielding a mean yearly income of ₱52,000. At the alpha= .01 significance level, test whether or not there is a significant different in average yearly income between the two cities.
test whether or not there is a significant different in average yearly income between the two cities :
CONCLUSION :
there is a significant different in average yearly income between the two cities
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