8. Another study believes that second year Philadelphia college students' credit card debt is different than Pittsburgh students. A sample of 25 Philadelphia students gives a sample average of $8690 and a standard deviation of $768. Using your Pittsburgh sample data also, is there a statistical difference in the two cities' credit card debt? Test at alpha = 0.05. (Hint, this is a two sample test)
8. Another study believes that second year Philadelphia college students' credit card debt is different than Pittsburgh students. A sample of 25 Philadelphia students gives a sample average of $8690 and a standard deviation of $768. Using your Pittsburgh sample data also, is there a statistical difference in the two cities' credit card debt? Test at alpha = 0.05. (Hint, this is a two sample test)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Stats #8
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step 1: Given information:
VIEWStep 2: Statements for null and alternative hypotheses:
VIEWStep 3: Calculation for sample mean and standard deviation of y:
VIEWStep 4: Checking for the assumptions:
VIEWStep 5: Calculation for the test statistic:
VIEWStep 6: Calculation for the p-value:
VIEWStep 7: Decision about the claim:
VIEWSolution
VIEWStep by step
Solved in 8 steps with 21 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman