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An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c). Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use a = 0.05.) Determine the hypotheses. Let u, be the mean brand value for the technology sector and ₂ be the mean brand value for the financial institutions sector. Choose the correct answer below. OA. Ho: ₁22 H₁ H₁ H₂ C. Ho: P₁ P2 H₁:4₁ #4₂ Find the test statistic. ISTAT (Round to two decimal places as needed.) OB. Ho: ₁5₂ H₁ H₁ H₂ OD. Ho: #₁ #₂ H₁: ₁₂ Brand Values

An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c). Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use a = 0.05.) Determine the hypotheses. Let u, be the mean brand value for the technology sector and ₂ be the mean brand value for the financial institutions sector. Choose the correct answer below. OA. Ho: ₁22 H₁ H₁ H₂ C. Ho: P₁ P2 H₁:4₁ #4₂ Find the test statistic. ISTAT (Round to two decimal places as needed.) OB. Ho: ₁5₂ H₁ H₁ H₂ OD. Ho: #₁ #₂ H₁: ₁₂ Brand Values

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 22PFA
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An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c). Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use α = 0.05.) Determine the hypotheses. Let μ, be the mean brand value for the technology sector and μ₂ be the mean brand value for the financial institutions sector. Choose the correct answer below. OA. Ho: H₁ H₂ H₁: H₁ H₂ C. Ho: H₁ H2 H₁ H₁ H₂ Find the test statistic. tSTAT = C (Round to two decimal places as needed.) OB. Ho: H1 H₂ H₁: H₁ H₂ OD. Ho: H₁ H₂ H₁: H₁ = H₂ Brand Values Technology Financial Institutions 265 399 456 414 449 531 628 636 518 849 838 823 975 983 1035 1091 Print Done - X
Transcribed Image Text:An evaluation was recently performed on brands and data were collected that classified each brand as being in the technology or financial institutions sector and also reported the brand value. The results in terms of value (in millions of dollars) are shown in the accompanying data table. Complete parts (a) through (c). Click the icon to view the data table. a. Assuming the population variances are equal, is there evidence that the mean brand value is different for the technology sector than for the financial institutions sector? (Use α = 0.05.) Determine the hypotheses. Let μ, be the mean brand value for the technology sector and μ₂ be the mean brand value for the financial institutions sector. Choose the correct answer below. OA. Ho: H₁ H₂ H₁: H₁ H₂ C. Ho: H₁ H2 H₁ H₁ H₂ Find the test statistic. tSTAT = C (Round to two decimal places as needed.) OB. Ho: H1 H₂ H₁: H₁ H₂ OD. Ho: H₁ H₂ H₁: H₁ = H₂ Brand Values Technology Financial Institutions 265 399 456 414 449 531 628 636 518 849 838 823 975 983 1035 1091 Print Done - X
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