Homework Help is Here – Start Your Trial Now!
Math
Statistics
df R Essay Question: 5. The average annual cost (including tuition, room, board, books, and fees) to attend a public college takes nearly a third of the annual income of a typical family with college-age children (Money, April 2012). At private colleges, the average annual cost is equal to about 60% of the typical family's income. The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars. t Stat Private 52.8 43.2 45 Mean Public Variance 20.3 22 Observations Hypothesized Mean Difference t-Test: Two-Sample Assuming Unequal Variances 28.2 0 15 33.3 42.5 10 Private 48.7 We want to conduct a hypothesis test to determine whether the cost of attending private colleges is significantly higher than the cost of attending public colleges. Use a = 0.05. A portion of EXCEL outputs is displayed in the following table. 44 24.1 15.6 22.3 30.6 45.8 28.5 Public 20.5 12 37.8 22.8 25.8 50.5 42 18.5 25.6 14.4 21.8

df R Essay Question: 5. The average annual cost (including tuition, room, board, books, and fees) to attend a public college takes nearly a third of the annual income of a typical family with college-age children (Money, April 2012). At private colleges, the average annual cost is equal to about 60% of the typical family's income. The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars. t Stat Private 52.8 43.2 45 Mean Public Variance 20.3 22 Observations Hypothesized Mean Difference t-Test: Two-Sample Assuming Unequal Variances 28.2 0 15 33.3 42.5 10 Private 48.7 We want to conduct a hypothesis test to determine whether the cost of attending private colleges is significantly higher than the cost of attending public colleges. Use a = 0.05. A portion of EXCEL outputs is displayed in the following table. 44 24.1 15.6 22.3 30.6 45.8 28.5 Public 20.5 12 37.8 22.8 25.8 50.5 42 18.5 25.6 14.4 21.8

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
df t Stat Essay Question: 5. The average annual cost (including tuition, room, board, books, and fees) to attend a public college takes nearly a third of the annual income of a typical family with college-age children (Money, April 2012). At private colleges, the average annual cost is equal to about 60% of the typical family's income. The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars. Private Mean Public Variance Observations 45 52.8 43.2 20.3 Hypothesized Mean Difference 22 t-Test: Two-Sample Assuming Unequal Variances 28.2 0 15 33.3 44 42.5 10 15.6 24.1 Private 48.7 We want to conduct a hypothesis test to determine whether the cost of attending private colleges is significantly higher than the cost of attending public colleges. Use a = 0.05. A portion of EXCEL outputs is displayed in the following table. Public 22.3 20.5 30.6 45.8 37.8 50.5 28.5 12 22.8 25.8 18.5 42 25.6 14.4 21.8
Transcribed Image Text:df t Stat Essay Question: 5. The average annual cost (including tuition, room, board, books, and fees) to attend a public college takes nearly a third of the annual income of a typical family with college-age children (Money, April 2012). At private colleges, the average annual cost is equal to about 60% of the typical family's income. The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars. Private Mean Public Variance Observations 45 52.8 43.2 20.3 Hypothesized Mean Difference 22 t-Test: Two-Sample Assuming Unequal Variances 28.2 0 15 33.3 44 42.5 10 15.6 24.1 Private 48.7 We want to conduct a hypothesis test to determine whether the cost of attending private colleges is significantly higher than the cost of attending public colleges. Use a = 0.05. A portion of EXCEL outputs is displayed in the following table. Public 22.3 20.5 30.6 45.8 37.8 50.5 28.5 12 22.8 25.8 18.5 42 25.6 14.4 21.8
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS