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The average income of 16 families who reside in a large city is $54,356 and the...

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Basic Math

The average income of 16 families who reside in a large city is$54,356 and the standard deviation is $8256. The average income of12 families who reside in a suburb of the same city is $46,512 witha standard deviation of $1311. At ? = 0.01, can it be concludedthat the income of the families who reside within the city isgreater than that of those who reside in the suburb? Assume thepopulations have equal variances and use the p-value method.

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4.0 Ratings (658 Votes)
Given Null andAlternative HypothesesThe following null and alternative hypotheses need to betestedHo 1 2Ha 1 2This corresponds to    See Answer
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