Hypothesis test-difference between two means

Assignment Help Basic Statistics

Reference no: EM1314324

A recent study focused on the number of times men and women who live alone buy take-out dinner in a month. The information is summarized below.

Static	Men	Women
Sample moan	24.51	22.69
Population standard deviation	4.48	3.86
Sample size	35	40

At the .01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?

Reference no: EM1314324

Questions Cloud

Cramer''s rule to calculate the linear equations : Cramer's Rule to calculate the linear equations.

Make interim financial statements for the first quarter : Calculation of ending inventory for interim financial statements - Ernst Equipment Co. wants to make interim financial statements for the first quarter. The company wishes to avoid making a physical count of inventory. Ernst's gross profit rate ave..

Describe stock valuation with constant growth rates : Describe Stock Valuation with constant growth rates in the dividends and Constant growth valuation Thomas Brothers is expected to pay a $3 per share dividend at the end of the year

Balance of trade in open economy : An open economy has the following pattern of income and domestic expenditure: For each of the three years, evaluate the balance of trade facing the economy.

Hypothesis test-difference between two means : Difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?

Prepare a condensed income statement : Preparation of condensed income statement by valuation of inventories with LIFO and FIFO method and Prepare a condensed income statement for the year on both bases for comparative purposes.

Macro variables in a closed economy : What is the equilibrium level of income? Compute disposable income, consumption and aggregate demand.

Population standard deviations : Assume the population standard deviations are not the same. At the .05 significance level, is there a difference in the mean waiting time?

Describe valuation of shares by discounting cash flows : Describe Valuation of shares by discounting cash flows technique and What is the firm's WACC

User Account

All Pages