Suppose you are an expert on the fashion industry and wish to gather information to compare the amount earned per month by models featuring Liz Claiborne attire with those of Calvin Klein. The following is the amount ($000) earned per month by a sample of 15 Claiborne models: $5.0 $4.5 $3.4 $3.4 $6.0 $3.3 $4.5 $4.6 $3.5 $5.2 $4.8 $4.4 $4.6 $3.6 $5.0 The following is the amount ($000) earned by a sample of 12 Klein models. $3.1 $3.7 $3.6 $4.0 $3.8 $3.8 $5.9 $4.9 $3.6 $3.6 $2.3 $4.0 Click here for the Excel Data File Find the degrees of freedom for unequal variance test. (Round down your answer to the nearest whole number.) State the decision rule for 0.05 significance level: H0: μClaiborne ≤ μCalvin Klein ; H1: μClaiborne > μCalvin Klein. (Round your answer to 3 decimal places.) Compute the value of the test statistic. (Round your answer to 3 decimal places.)
Suppose you are an expert on the fashion industry and wish to gather information to compare the amount earned per month by models featuring Liz Claiborne attire with those of Calvin Klein. The following is the amount ($000) earned per month by a sample of 15 Claiborne models: $5.0 $4.5 $3.4 $3.4 $6.0 $3.3 $4.5 $4.6 $3.5 $5.2 $4.8 $4.4 $4.6 $3.6 $5.0 The following is the amount ($000) earned by a sample of 12 Klein models. $3.1 $3.7 $3.6 $4.0 $3.8 $3.8 $5.9 $4.9 $3.6 $3.6 $2.3 $4.0 Click here for the Excel Data File Find the degrees of freedom for unequal variance test. (Round down your answer to the nearest whole number.) State the decision rule for 0.05 significance level: H0: μClaiborne ≤ μCalvin Klein ; H1: μClaiborne > μCalvin Klein. (Round your answer to 3 decimal places.) Compute the value of the test statistic. (Round your answer to 3 decimal places.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 11PPS
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Suppose you are an expert on the fashion industry and wish to gather information to compare the amount earned per month by models featuring Liz Claiborne attire with those of Calvin Klein. The following is the amount ($000) earned per month by a sample of 15 Claiborne models:
| $5.0 | $4.5 | $3.4 | $3.4 | $6.0 | $3.3 | $4.5 | $4.6 | $3.5 | $5.2 |
| $4.8 | $4.4 | $4.6 | $3.6 | $5.0 | |||||
The following is the amount ($000) earned by a sample of 12 Klein models.
| $3.1 | $3.7 | $3.6 | $4.0 | $3.8 | $3.8 | $5.9 | $4.9 | $3.6 | $3.6 |
| $2.3 | $4.0 | ||||||||
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Find the degrees of freedom for unequal variance test. (Round down your answer to the nearest whole number.)
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State the decision rule for 0.05 significance level: H0: μClaiborne ≤ μCalvin Klein ; H1: μClaiborne > μCalvin Klein. (Round your answer to 3 decimal places.)
-
Compute the value of the test statistic. (Round your answer to 3 decimal places.)
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