Answered: An evaluation was recently performed on…

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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Transcribed Image Text:An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c). Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use α = 0.05.) Determine the hypotheses. Let μ, be the mean brand value for the technology sector and μ₂ be the mean brand value for the financial institutions sector. Choose the correct answer below. OA. Ho: H₁ H₂ H₁: H₁ H₂ C. Ho: H₁ H2 H₁ H₁ H₂ Find the test statistic. tSTAT = C (Round to two decimal places as needed.) OB. Ho: H1 H₂ H₁: H₁ H₂ OD. Ho: H₁ H₂ H₁: H₁ = H₂ Brand Values Technology Financial Institutions 265 399 456 414 449 531 628 636 518 849 838 823 975 983 1035 1091 Print Done - X

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