Textbook Prices, UCSB vs. CSUN (Example 16) The prices of a sample of books at University of California at Santa Barbara (UCSB) were obtained by statistics students Ricky Hernandez and Elizabeth Alamillo. Then the cost of books for the same subjects (at the same level) were obtained for California State University at Northridge (CSUN). Assume that the distribution of differences is Normal enough to proceed, and assume that the sampling was ran-dom. The data are at this text’s website. First find both sample means and compare them. Test the hypothesis that the population means are different, using a significance level of 0.05 .
Textbook Prices, UCSB vs. CSUN (Example 16) The prices of a sample of books at University of California at Santa Barbara (UCSB) were obtained by statistics students Ricky Hernandez and Elizabeth Alamillo. Then the cost of books for the same subjects (at the same level) were obtained for California State University at Northridge (CSUN). Assume that the distribution of differences is Normal enough to proceed, and assume that the sampling was ran-dom. The data are at this text’s website. First find both sample means and compare them. Test the hypothesis that the population means are different, using a significance level of 0.05 .
Solution Summary: The author explains how to determine and compare the sample mean price of books at UCSB and CSUN.
Textbook Prices, UCSB vs. CSUN (Example 16) The prices of a sample of books at University of California at Santa Barbara (UCSB) were obtained by statistics students Ricky Hernandez and Elizabeth Alamillo. Then the cost of books for the same subjects (at the same level) were obtained for California State University at Northridge (CSUN). Assume that the distribution of differences is Normal enough to proceed, and assume that the sampling was ran-dom. The data are at this text’s website.
First find both sample means and compare them.
Test the hypothesis that the population means are different, using a significance level of
0.05
.
Statistics that help describe, summarize, and present information extracted from data. Descriptive statistics include concepts related to measures of central tendency, measures of variability, measures of frequency, shape of distribution, and some data visualization techniques/tools such as pivot tables, charts, and graphs.
Find the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the
denominator = 50. A portion of the table of critical values of the F-distribution is provided.
Click the icon to view the partial table of critical values of the F-distribution.
What is the critical value?
(Round to two decimal places as needed.)
A retail store manager claims that the average daily sales of the store are $1,500.
You aim to test whether the actual average daily sales differ significantly from this claimed value.
You can provide your answer by inserting a text box and the answer must include:
Null hypothesis,
Alternative hypothesis,
Show answer (output table/summary table), and
Conclusion based on the P value.
Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers
Numerical answers in the yellow cells
Elementary Statistics ( 3rd International Edition ) Isbn:9781260092561
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