In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated Company 1 01 = 90 X1 = $12.60 ση = 53.00 Company 2 72 = 70 X2 = $12.00 92 = $2.40 The p-value is a. 0.1599 Ob. 0.8401 O c. 0.4200 O d. 0.0800 D

MATLAB: An Introduction with Applications
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Give answer with calculation and provide Correct and incorrect options explanation

In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.
Company 1
01 = 90
X1 = $12.60
01 = $3.00
The p-value is
O a. 0.1599
O b. 0.8401
.O c. 0.4200
d. 0.0800
Company 2
n2 = 70
X2 = $12.00
σ2 = $2.40
Transcribed Image Text:In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated. Company 1 01 = 90 X1 = $12.60 01 = $3.00 The p-value is O a. 0.1599 O b. 0.8401 .O c. 0.4200 d. 0.0800 Company 2 n2 = 70 X2 = $12.00 σ2 = $2.40
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