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March 29, 2015

Homework Help: statistics

Posted by Anita on Sunday, July 8, 2012 at 1:17pm.

Using the numerical data for your team project, conduct a two sample, two-tailed hypothesis test for the mean, with a 0.05 level of significance. Find and interpret each step.
H0:
H1:
Test statistic =
Critical value =
p-value =
Reject the null hypothesis or do not reject the null hypothesis?
What does this mean?


For example:
H0: X = Y
The mean (average) gas price in city X equals the mean (average) gas price in city Y during January 2012.
H1: X Y
The mean (average) gas price in city X does not equal the mean (average) gas price in city Y during January 2012.

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