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A sample of 65 observations is selected from one population with a population standard

Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen ISBN: 9780073401805 480

Solution for problem 2 Chapter Chapter 11

Statistical Techniques in Business and Economics | 15th Edition

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Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen

Statistical Techniques in Business and Economics | 15th Edition

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Problem 2

A sample of 65 observations is selected from one population with a population standard deviation of 0.75. The sample mean is 2.67. A sample of 50 observations is selected from a second population with a population standard deviation of 0.66. The sample mean is 2.59. Conduct the following test of hypothesis using the .08 significance level. a. Is this a one-tailed or a two-tailed test? b. State the decision rule. c. Compute the value of the test statistic. d. What is your decision regarding H0? e. What is the p-value?

Step-by-Step Solution:
Step 1 of 3

Chapter 2, Part One: Frequency Distributions, Histograms, and Related Topics 1. Frequency Distribution: paritions data into classes and assigns each class a frequency a. Frequency Tables: displays information in a frequency distribution, by listing each...

Step 2 of 3

Chapter Chapter 11, Problem 2 is Solved
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Textbook: Statistical Techniques in Business and Economics
Edition: 15
Author: Douglas Lind, William Marchal, Samuel Wathen
ISBN: 9780073401805

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A sample of 65 observations is selected from one population with a population standard

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