The mean lasting time of 2 competing floor waxes is to be compared. Twenty floors are randomly assigned to test each wax. Wax#1 had a mean time of 3 months, while Wax#2's mean was 2.9 months. The population standard deviations are 0.33 and 0.36, respectively. Does the data indicate that Wax#1 lasts longer than Wax#2? Test at a 5% level of significance.
Perform the following hypothesis test using the critical value (traditional) method. Be sure to state the null and alternative hypotheses, identify the critical value, calculate the test statistic, compare the test statistic to the critical value, and state the conclusion. Use English if you cannot write the mathematical symbols.
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