Use the file on Blackboard called “Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Use Excel to perform the appropriate two-sample t-test as indicated by your conclusion from the F-test. What is the value of the test statistic output by Excel when running the two-sample t-test? O a. 2.34 O b.0.39 Oc. 0.51 O d. 0.66 QUESTION 4 Use the file on Blackboard called "Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Using the results of the two-sample t-test performed on Excel, at a 1% level of significance, what conclusion can you draw for this research study? Why? O a. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.51. O b. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.26. O. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.51. O d. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.26.
Use the file on Blackboard called “Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Use Excel to perform the appropriate two-sample t-test as indicated by your conclusion from the F-test. What is the value of the test statistic output by Excel when running the two-sample t-test? O a. 2.34 O b.0.39 Oc. 0.51 O d. 0.66 QUESTION 4 Use the file on Blackboard called "Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Using the results of the two-sample t-test performed on Excel, at a 1% level of significance, what conclusion can you draw for this research study? Why? O a. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.51. O b. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.26. O. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.51. O d. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.26.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 25SGR
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| Value Added by Mfg. | Cost of Materials |
| 23518 | 78713 |
| 15724 | 42774 |
| 24506 | 27222 |
| 21667 | 37040 |
| 20712 | 12030 |
| 12640 | 13674 |
| 4258 | 19130 |
| 35210 | 33521 |
| 20548 | 19612 |
| 23442 | 5557 |
| 287 | 163 |
| 1508 | 314 |
| 624 | 2622 |
| 2471 | 4219 |
| 4307 | 5357 |
| 673 | 1061 |
| 817 | 707 |
| 8986 | 10421 |
| 3145 | 4140 |
| 4076 | 7125 |
| 3806 | 8994 |
| 4276 | 5504 |
| 1239 | 716 |
| 9423 | 8926 |
| 11045 | 11121 |
| 1916 | 2283 |
| 599 | 364 |
| 2063 | 1813 |
| 34 | 71 |
| 1445 | 1321 |
| 10603 | 12376 |
| 5775 | 9661 |
| 10404 | 19285 |
| 13274 | 18632 |
| 1909 | 2170 |
| 4606 | 7290 |
| 5518 | 8135 |
| 12464 | 12980 |
| 5447 | 4011 |
| 2290 | 5101 |
| 4182 | 3755 |
| 2818 | 2694 |
| 2201 | 3279 |
| 18848 | 20596 |
| 9655 | 10604 |
| 15668 | 24634 |
| 25918 | 28963 |
| 30692 | 8483 |
| 17982 | 6940 |
| 17857 | 8863 |
| 9699 | 2823 |
| 38407 | 29572 |
| 3878 | 3811 |
| 3989 | 1047 |
| 4388 | 2055 |
| 4055 | 1098 |
| 16567 | 11298 |
| 25025 | 34596 |
| 59813 | 27187 |
| 31801 | 19932 |
| 8497 | 9849 |
| 28886 | 46935 |
| 12277 | 11130 |
| 11547 | 13085 |
| 26006 | 132880 |
| 3464 | 6182 |
| 2187 | 4446 |
| 7079 | 7091 |
| 442 | 496 |
| 4528 | 3805 |
| 7275 | 7195 |
| 55621 | 57264 |
| 1313 | 1865 |
| 162 | 163 |
| 1907 | 1682 |
| 53 | 85 |
| 747 | 395 |
| 328 | 255 |
| 233 | 177 |
| 1717 | 943 |
| 6532 | 3527 |
| 4850 | 4254 |
| 3509 | 2282 |
| 2176 | 1387 |
| 2696 | 1183 |
| 15739 | 17010 |
| 999 | 565 |
| 7838 | 5432 |
| 29180 | 45696 |
| 9061 | 6913 |
| 4200 | 11184 |
| 1410 | 5735 |
| 16670 | 31892 |
| 5856 | 4696 |
| 3164 | 2790 |
| 3999 | 9364 |
| 11750 | 8720 |
| 4412 | 3527 |
| 27974 | 31527 |
| 6936 | 4909 |
| 19880 | 21531 |
| 7793 | 6232 |
| 3528 | 1689 |
| 21718 | 19273 |
| 10513 | 12954 |
| 9545 | 11858 |
| 18178 | 23474 |
| 22673 | 14343 |
| 19221 | 16515 |
| 23110 | 18543 |
| 41135 | 60857 |
| 17521 | 21819 |
| 25322 | 13897 |
| 6700 | 5523 |
| 14278 | 12657 |
| 9466 | 12578 |
| 13428 | 11065 |
| 3459 | 7621 |
| 38705 | 29591 |
| 84059 | 44486 |
| 13920 | 13398 |
| 105899 | 223639 |
| 45220 | 42367 |
| 7903 | 7760 |
| 2590 | 4363 |
| 1435 | 1674 |
| 9986 | 8120 |
| 3564 | 5476 |
| 21071 | 8760 |
| 29028 | 18028 |
| 31051 | 16787 |
| 2390 | 1020 |
| 14032 | 8114 |
| 415 | 382 |
| 2761 | 3646 |
| 685 | 506 |
| 8327 | 6604 |
| 2643 | 1789 |
| 1406 | 997 |
| 11199 | 8530 |
Transcribed Image Text:Use the file on Blackboard called "Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference
between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Use
Excel to perform the appropriate two-sample t-test as indicated by your conclusion from the F-test. What is the value of the test statistic
output by Excel when running the two-sample t-test?
O a. 2.34
O b.0.39
О с. 0.51
d. 0.66
QUESTION 4
Use the file on Blackboard called "Excel Databases.xlsx". Locate the Manufacturer tab. Test to determine if there is a significant difference
between Mean Value Added by the manufacturer and the mean Cost of Materials in manufacturing assuming a 1% level of significance. Using
the results of the two-sample t-test performed on Excel, at a 1% level of significance, what conclusion can you draw for this research study?
Why?
O a. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of
0.51.
O b. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.26.
O c. There is a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of 0.51.
O d. There is not a significant difference between the mean value added and the mean cost of materials in manufacturing with a p-value of
0.26.
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