In order to determine whether or not there is a significant difference between the hourly wages of workers at Ford and Ferrari, the following data have been accumulated. Ford -50 ₁-$20.50 a $2.50 Ferrari #₂-70 041-4₂50 441-442*0 041-1₂-0 41-4220 ₂-$10.25 02-$2.00 Refer to Exhibit 10-30. The alternative hypothesis for this test is

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Exhibit 10-30
In order to determine whether or not there is a significant difference between the hourly wages of workers at Ford and
Ferrari, the following data have been accumulated.
Ford
#₁-50
x₁ - $20.50
01-$2.50
Ferrari
#2-70
41-4₂50
41-420
41-4₂-0
041-4220
X₂-$10.25
02-$2.00
Refer to Exhibit 10-30. The alternative hypothesis for this test is
Transcribed Image Text:Exhibit 10-30 In order to determine whether or not there is a significant difference between the hourly wages of workers at Ford and Ferrari, the following data have been accumulated. Ford #₁-50 x₁ - $20.50 01-$2.50 Ferrari #2-70 41-4₂50 41-420 41-4₂-0 041-4220 X₂-$10.25 02-$2.00 Refer to Exhibit 10-30. The alternative hypothesis for this test is
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Step 1

From the provided information,

n1=50x1=20.50σ1=2.5n2=70x2=10.25σ2=2.00

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