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Suppose our alternative hypothesis is um #Pw• Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unnaid credit card debt have

Suppose our alternative hypothesis is um #Pw• Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unnaid credit card debt have

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 39E: Assume that the probability that an airplane engine will fail during a torture test is 12and that...
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Solve these 2 questions and explain your answer please
Suppose our alternative hypothesis is um 7Hw- Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unpaid credit card debt have a different level of debt than men (of the same education level, marital status, and age) with unpaid credit card debt. Clearly explain how you decided. O A. There is evidence at level of significance 0.05 that women have a different level of debt than men B. There is not evidence at level of significance 0.05 that women have a different level of debt than men
Transcribed Image Text:Suppose our alternative hypothesis is um 7Hw- Find the P-value and use it to decide whether there is evidence at level of significance 0.05 that women with unpaid credit card debt have a different level of debt than men (of the same education level, marital status, and age) with unpaid credit card debt. Clearly explain how you decided. O A. There is evidence at level of significance 0.05 that women have a different level of debt than men B. There is not evidence at level of significance 0.05 that women have a different level of debt than men
We want to see if Taiwanese women with unpaid credit card debt have similar card balances as Taiwanese men with unpaid credit card debt. In a matched pair study of credit card debt, 181 women were paired with 181 men with the same education level, the same marital status,and the same age. Our null hypothesis is that the average debts are the same: w=Pm: We letd= debtm-debt, for each matched pair. We find d = 10992- and s, =39341 (in Taiwanese dollars). The degrees of freedom is The value of the test statistic TS =d/(s,//n) is
Transcribed Image Text:We want to see if Taiwanese women with unpaid credit card debt have similar card balances as Taiwanese men with unpaid credit card debt. In a matched pair study of credit card debt, 181 women were paired with 181 men with the same education level, the same marital status,and the same age. Our null hypothesis is that the average debts are the same: w=Pm: We letd= debtm-debt, for each matched pair. We find d = 10992- and s, =39341 (in Taiwanese dollars). The degrees of freedom is The value of the test statistic TS =d/(s,//n) is
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