Exam 10: Two-Sample Tests

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Given the following information,calculate the degrees of freedom that should be used in the pooled-variance t test. s12 = 4 s22 = 6 N1 = 16 n2 = 25

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TABLE 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions. Sample I (public accounting): TABLE 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions. Sample I (public accounting):   <sub>1</sub> = 60.35,S<sub>1</sub> = 3.25,n<sub>1</sub> = 12 Sample II (financial planning):   <sub>2</sub> = 58.20,S<sub>2</sub> = 2.48,n<sub>2</sub> = 14 Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same. -Referring to Table 10-15,what is the highest level of significance at which a test on a difference in the variances will not be rejected? 1 = 60.35,S1 = 3.25,n1 = 12 Sample II (financial planning): TABLE 10-15 The table below presents the summary statistics for the starting annual salaries (in thousands of dollars)for individuals entering the public accounting and financial planning professions. Sample I (public accounting):   <sub>1</sub> = 60.35,S<sub>1</sub> = 3.25,n<sub>1</sub> = 12 Sample II (financial planning):   <sub>2</sub> = 58.20,S<sub>2</sub> = 2.48,n<sub>2</sub> = 14 Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same. -Referring to Table 10-15,what is the highest level of significance at which a test on a difference in the variances will not be rejected? 2 = 58.20,S2 = 2.48,n2 = 14 Test whether the mean starting annual salaries for individuals entering the public accounting professions is higher than that of financial planning assuming that the two population variances are the same. -Referring to Table 10-15,what is the highest level of significance at which a test on a difference in the variances will not be rejected?

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TABLE 10-2 A researcher randomly sampled 30 graduates of an MBA program and recorded data concerning their starting salaries.Of primary interest to the researcher was the effect of gender on starting salaries.The result of the pooled-variance t-test of the mean salaries of the females (Population 1)and males (Population 2)in the sample is given below. TABLE 10-2 A researcher randomly sampled 30 graduates of an MBA program and recorded data concerning their starting salaries.Of primary interest to the researcher was the effect of gender on starting salaries.The result of the pooled-variance t-test of the mean salaries of the females (Population 1)and males (Population 2)in the sample is given below.   -Referring to Table 10-2,what is the 95% confidence interval estimate for the difference between two means? -Referring to Table 10-2,what is the 95% confidence interval estimate for the difference between two means?

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TABLE 10-10 A corporation randomly selects 150 salespeople and finds that 66% who have never taken a self-improvement course would like such a course.The firm did a similar study 10 years ago in which 60% of a random sample of 160 salespeople wanted a self-improvement course.The groups are assumed to be independent random samples.Let π1 and π2 represent the true proportion of workers who would like to attend a self-improvement course in the recent study and the past study,respectively. -Referring to Table 10-11,if the firm wanted to test whether this proportion has changed from the previous study,which represents the relevant hypotheses?

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TABLE 10-12 A quality control engineer is in charge of the manufacture of USB flash drives.Two different processes can be used to manufacture the flash drives.He suspects that the Kohler method produces a greater proportion of defects than the Russell method.He samples 150 of the Kohler and 200 of the Russell flash drives and finds that 27 and 18 of them,respectively,are defective.If Kohler is designated as "Group 1" and Russell is designated as "Group 2," perform the appropriate test at a level of significance of 0.01. -When testing for the difference between 2 population variances with sample sizes of n1 = 8 and n2 = 10,where n1 has the larger variance,the number of degrees of freedom are

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TABLE 10-7 A buyer for a manufacturing plant suspects that his primary supplier of raw materials is overcharging.In order to determine if his suspicion is correct,he contacts a second supplier and asks for the prices on various identical materials.He wants to compare these prices with those of his primary supplier.The data collected is presented in the table below,with some summary statistics presented (all of these might not be necessary to answer the questions which follow).The buyer believes that the differences are normally distributed and will use this sample to perform an appropriate test at a level of significance of 0.01. TABLE 10-7 A buyer for a manufacturing plant suspects that his primary supplier of raw materials is overcharging.In order to determine if his suspicion is correct,he contacts a second supplier and asks for the prices on various identical materials.He wants to compare these prices with those of his primary supplier.The data collected is presented in the table below,with some summary statistics presented (all of these might not be necessary to answer the questions which follow).The buyer believes that the differences are normally distributed and will use this sample to perform an appropriate test at a level of significance of 0.01.   -Referring to Table 10-7,if the buyer had decided to perform a two-tail test,the p-value would have been ________. -Referring to Table 10-7,if the buyer had decided to perform a two-tail test,the p-value would have been ________.

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TABLE 10-12 A quality control engineer is in charge of the manufacture of USB flash drives.Two different processes can be used to manufacture the flash drives.He suspects that the Kohler method produces a greater proportion of defects than the Russell method.He samples 150 of the Kohler and 200 of the Russell flash drives and finds that 27 and 18 of them,respectively,are defective.If Kohler is designated as "Group 1" and Russell is designated as "Group 2," perform the appropriate test at a level of significance of 0.01. -True or False: Referring to Table 10-12,the null hypothesis should be rejected.

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TABLE 10-11 The dean of a college is interested in the proportion of graduates from his college who have a job offer on graduation day.He is particularly interested in seeing if there is a difference in this proportion for accounting and economics majors.In a random sample of 100 of each type of major at graduation,he found that 65 accounting majors and 52 economics majors had job offers.If the accounting majors are designated as "Group 1" and the economics majors are designated as "Group 2," perform the appropriate hypothesis test using a level of significance of 0.05. -True or False: Referring to Table 10-11,the null hypothesis should be rejected.

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TABLE 10-4 Two samples each of size 25 are taken from independent populations assumed to be normally distributed with equal variances.The first sample has a mean of 35.5 and standard deviation of 3.0 while the second sample has a mean of 33.0 and standard deviation of 4.0. -Referring to Table 10-4,the computed t statistic is ________.

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TABLE 10-13 The amount of time required to reach a customer service representative has a huge impact on customer satisfaction.Below is the Excel output from a study to see whether there is evidence of a difference in the mean amounts of time required to reach a customer service representative between two hotels.Assume that the population variances in the amount of time for the two hotels are not equal. TABLE 10-13 The amount of time required to reach a customer service representative has a huge impact on customer satisfaction.Below is the Excel output from a study to see whether there is evidence of a difference in the mean amounts of time required to reach a customer service representative between two hotels.Assume that the population variances in the amount of time for the two hotels are not equal.   -Referring to Table 10-13,what is(are)the critical value(s)of the relevant hypothesis test if the level of significance is 0.10? -Referring to Table 10-13,what is(are)the critical value(s)of the relevant hypothesis test if the level of significance is 0.10?

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