Average Debt of College Graduates Kiplinger’s listed the top 100 public colleges based on many factors. From that list, here is the average debt at graduation for various schools in four selected states. At α=0.05, can it be concluded that the average debt at graduation differs for these four states? New York Virginia California Pennsylvania 52,591 16,000 17,107 26,800 24,415 18,547 15,155 25,179 19,900 19,016 15,918 19,645 18,189 12,859 16,317 20,931 23,452 21,678 16,733 20,148 H0: u1=u2=u3=u4 --------- claim or not? H1: At least one mean is different from the others--------claim or not? Find the critical value Compute the test value: F = Reject or do not reject the null hypothesis Summarize: Is there or is there not enough evidence to support claim? Is there or is there not enough evidence to reject the claim?
Average Debt of College Graduates Kiplinger’s listed the top 100 public colleges based on many factors. From that list, here is the average debt at graduation for various schools in four selected states. At α=0.05, can it be concluded that the average debt at graduation differs for these four states? New York Virginia California Pennsylvania 52,591 16,000 17,107 26,800 24,415 18,547 15,155 25,179 19,900 19,016 15,918 19,645 18,189 12,859 16,317 20,931 23,452 21,678 16,733 20,148 H0: u1=u2=u3=u4 --------- claim or not? H1: At least one mean is different from the others--------claim or not? Find the critical value Compute the test value: F = Reject or do not reject the null hypothesis Summarize: Is there or is there not enough evidence to support claim? Is there or is there not enough evidence to reject the claim?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 67E
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Average Debt of College Graduates Kiplinger’s listed the top 100 public colleges based on many factors. From that list, here is the average debt at graduation for various schools in four selected states. At α=0.05, can it be concluded that the average debt at graduation differs for these four states?
| New York | Virginia | California | Pennsylvania |
|---|---|---|---|
|
52,591
|
16,000
|
17,107
|
26,800
|
|
24,415
|
18,547
|
15,155
|
25,179
|
|
19,900
|
19,016
|
15,918
|
19,645
|
|
18,189
|
12,859
|
16,317
|
20,931
|
|
23,452
|
21,678
|
16,733
|
20,148
|
- H0: u1=u2=u3=u4 --------- claim or not?
H1: At least one mean is different from the others--------claim or not? - Find the critical value
- Compute the test value: F =
- Reject or do not reject the null hypothesis
- Summarize:
Is there or is there not enough evidence to support claim?
Is there or is there not enough evidence to reject the claim?
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