A study of the number of business lunches that exec-utives in the insurance and banking industries claim as deductible expenses per month was based on randomsamples and yielded the following results:n1 = 40 x1 = 9.1 s1 = 1.9n2 = 50 x2 = 8.0 s2 = 2.1 Use the four steps in the initial part of Section 1 and the0.05 level of significance to test the null hypothesis μ1 −μ2 = 0 against the alternative hypothesis μ1 − μ2 Z 0.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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A study of the number of business lunches that exec-
utives in the insurance and banking industries claim as

deductible expenses per month was based on random
samples and yielded the following results:
n1 = 40 x1 = 9.1 s1 = 1.9
n2 = 50 x2 = 8.0 s2 = 2.1

Use the four steps in the initial part of Section 1 and the
0.05 level of significance to test the null hypothesis μ1 −
μ2 = 0 against the alternative hypothesis μ1 − μ2 Z 0.

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Can you rework this basing the decision on
the P-value corresponding to the observed value of the
test statistic?

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