A bank is opening a new branch in one of neighborhoods. One of factors considered by the bank was whether the average monthly family income (in thousand pesos) in the two neighborhoods differed. From census records, the bank drew two random samples of 100 families each and obtained the following information: Sample A: x = 10,800; o = 300; n1 = 100 Sample B: x = 10,300; 02 = 400; n2 = 100 The bank claims that the two neighborhoods have the same mean income. Is the bank correct? Test the hypothesis using a = 0.10.

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A bank is opening a new branch in one of neighborhoods.
One of factors considered by the bank was whether the
average monthly family income (in thousand pesos) in the
two neighborhoods differed. From census records, the
bank drew two random samples of 100 families each and
obtained the following information:
Sample A: x = 10,800; ơ =
300; n = 100
%3D
%3D
Sample B: x2 = 10,300; 02 = 400; n2 = 100
%3D
%3D
%3D
The bank claims that the two neighborhoods have the
same mean income. Is the bank correct? Test the
hypothesis using a = 0.10.
Transcribed Image Text:A bank is opening a new branch in one of neighborhoods. One of factors considered by the bank was whether the average monthly family income (in thousand pesos) in the two neighborhoods differed. From census records, the bank drew two random samples of 100 families each and obtained the following information: Sample A: x = 10,800; ơ = 300; n = 100 %3D %3D Sample B: x2 = 10,300; 02 = 400; n2 = 100 %3D %3D %3D The bank claims that the two neighborhoods have the same mean income. Is the bank correct? Test the hypothesis using a = 0.10.
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