In your sample, there are two groups of people: those who have a high school degree and those who have a bachelor's degree or higher. The following table shows the sample statistics of the two groups. You hypothesize that in general those who have a bachelor's degree or higher should earn more than those who have a high school degree. The estimated standard error is $360. Education Group 1 High school Group 2 BA or higher $19,500 $3,800 169 $20,500 $3,900 Sample size 361 mean st.dev
In your sample, there are two groups of people: those who have a high school degree and those who have a bachelor's degree or higher. The following table shows the sample statistics of the two groups. You hypothesize that in general those who have a bachelor's degree or higher should earn more than those who have a high school degree. The estimated standard error is $360. Education Group 1 High school Group 2 BA or higher $19,500 $3,800 169 $20,500 $3,900 Sample size 361 mean st.dev
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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Conduct a t-test at the .01 level
What is the correct hypotheses?
(A) H1: μ1-μ2=0 H0: μ1-μ2≠0
(B) H1: μ1-μ2=0 H0: μ1-μ2<0
(C) H1: μ1-μ2=0 H0: μ1-μ2>0
(D) H1: μ1-μ2≠0 H0: μ1-μ2=0
(E) H1: μ1-μ2<0 H0: μ1-μ2=0
(F) H1: μ1-μ2>0 H0: μ1-μ2=0
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