Posted by c on Monday, May 16, 2011 at 7:50am.
Z = (mean1 - mean2)/standard error (SE) of difference between means
SEdiff = √(SEmean1^2 + SEmean2^2)
SEm = SD/√(n-1)(but you can use n)
If only one SD is provided, you can use just that to determine SEdiff.
You can do the calculations in thousands, leaving off the extra three zeros.
Find table in the back of your statistics text labeled something like "areas under normal distribution" to find the proportion related to the Z score.
Ho: mean = 40,000
Ha: mean > 40,000
The decision is yours.
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