In: Math
Is the difference between the mean annual salaries of statisticians in Region 1 and Region 2 more than $8000? To decide, you select a random sample of statisticians from each region. The results of each survey are shown to the right. At α=0.10, what should you conclude? Answer A-E
Region 1
x1 = $68,300
standard deviation = $8,750
n1 = 47
Region 2
x2 = $63,000
standard deviation = $9,275
n2 = 40
A. What are the alternative and null hypotheses? Express them mathematically.
B. Determine the critical values and rejection regions
C. Calculate the standardized test statistic
D. Choose the correct answer below
a) Fail to reject H null, at the 1% significance level, there is sufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000
b) Reject H null, at the 1% significance level, there is sufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000
c) Reject H null, at the 1% significance level, there is insufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000
d) Fail to reject H null, at the 1% significance level, there is insufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000
Conclusion :
d) Fail to reject H null, at the 10% significance level, there is insufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000
If
Conclusion :
d) Fail to reject H null, at the 1% significance level, there is insufficient evidence to support the claim that the difference between the mean annual salaries is more than $8000