An economist wants to test if there is any difference in income between Escambia county and Miami-Dade county in Florida. To do this, she collects random samples of residents from both these counties. The information collected from these samples is tabulated below. Assume that both the populations are normally distributed with equal population variances. Escambia County (Population 1) Miami-Dade County (Population 2) n₁ = 11 1₂ = 15 Z₁ = 36,700 $1 = 7800 7₂ = 34,700 82=7375 Set up the null and alternative hypotheses to test the economist's claim. Ho: ₁-₂-0 versus H₂:₁-₂0 ⒸH₂ : ₁ - ₂0 versus H₂ : ₁ - ₂ = 0 ⒸH₂ : ₁ - ₂ <0 versus H₂:₁-₂ 20 ⒸH₂: P-P₂20versus H₂ : ₁ - ₂ <0 ⒸH₂-H₂ ≤0 versus H₂ : ₁ - ₂ > 0 Find the value of the standardized test statistic. 0-2713 02713 0 064 0064 O 067 At 5% significance level, find the rejection region and state your decision Reject Hot-2.064. Decision: Reject Ho Reject Hit-1.711. Decision Reject H₂ Reject H₂ ft < -1.711 ort1.711. Decision: Do not reject H₂. O Reject Hot 2064. Decision: Do not reject Ho O Reject Hot-2.064 ort>2.064. Decision: Do not reject H₂.
An economist wants to test if there is any difference in income between Escambia county and Miami-Dade county in Florida. To do this, she collects random samples of residents from both these counties. The information collected from these samples is tabulated below. Assume that both the populations are normally distributed with equal population variances. Escambia County (Population 1) Miami-Dade County (Population 2) n₁ = 11 1₂ = 15 Z₁ = 36,700 $1 = 7800 7₂ = 34,700 82=7375 Set up the null and alternative hypotheses to test the economist's claim. Ho: ₁-₂-0 versus H₂:₁-₂0 ⒸH₂ : ₁ - ₂0 versus H₂ : ₁ - ₂ = 0 ⒸH₂ : ₁ - ₂ <0 versus H₂:₁-₂ 20 ⒸH₂: P-P₂20versus H₂ : ₁ - ₂ <0 ⒸH₂-H₂ ≤0 versus H₂ : ₁ - ₂ > 0 Find the value of the standardized test statistic. 0-2713 02713 0 064 0064 O 067 At 5% significance level, find the rejection region and state your decision Reject Hot-2.064. Decision: Reject Ho Reject Hit-1.711. Decision Reject H₂ Reject H₂ ft < -1.711 ort1.711. Decision: Do not reject H₂. O Reject Hot 2064. Decision: Do not reject Ho O Reject Hot-2.064 ort>2.064. Decision: Do not reject H₂.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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