Can you conclude that there is difference between the two population means? Conduct a hypothesis test. Use α=0.05.1) state null and alternative hypotheses.2) graph and label p-value.3) p-value vs. α.4) Conclusion and interpret the result. Does the result contradict the part b? Explain why. Private Colleges52.843.245.033.344.030.645.837.850.542.0Public Colleges20.322.028.215.624.128.522.825.818.525.614.421.8 10. The average annual cost to attend a public college takes a third of the annual income ofa typical family with college children. At private colleges, the average annual cost is equalto 60% of the typical family's income. The following random samples show the annual costof attending private and public colleges. Data are in thousands of dollars. Assume thepopulation standard deviation of private college is $5000 and population standarddeviation of public college is $4000.

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Description: Can you conclude that there is difference between the two population means? Conduct a hypothesis test. Use α=0.05.1) state null and alternative hypotheses.2) graph and label p-value.3) p-value vs. α.4) Conclusion and interpret the result. Does the re

t-test: If the given sample size is less than or equal to 30 and sample standard deviation is given.…

Answered: 10. The average annual cost to attend a…

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Can you conclude that there is difference between the two population means? Conduct a hypothesis test. Use α=0.05.
1) state null and alternative hypotheses.
2) graph and label p-value.
3) p-value vs. α.
4) Conclusion and interpret the result. Does the result contradict the part b? Explain why.

Private Colleges
52.8
43.2
45.0
33.3
44.0
30.6
45.8
37.8
50.5
42.0
Public Colleges
20.3
22.0
28.2
15.6
24.1
28.5
22.8
25.8
18.5
25.6
14.4
21.8

10. The average annual cost to attend a public college takes a third of the annual income of
a typical family with college children. At private colleges, the average annual cost is equal
to 60% of the typical family's income. The following random samples show the annual cost
of attending private and public colleges. Data are in thousands of dollars. Assume the
population standard deviation of private college is $5000 and population standard
deviation of public college is $4000.

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