Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Suppose that you used a 9-point rating scale and that you wanted to compare men who had an annual income over $50,000 (Group 1) with men who had an annual income less than or equal to $50,000 (Group 2) on their liking of a new product. If you studied 40 men in Group 1 and they have a mean of 7 and a standard deviation of 2.5, while the 35 men in Group 2 have a mean of 5 and a standard deviation of 1.4, what is the approximate value of t using the t-test?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91007251

Have any Question?


Related Questions in Statistics and Probability

A laboratory worker finds that the 3 of his blood samples

A laboratory worker finds that the 3% of his blood samples test positive for the HIV virus. In a random sample of 70 blood tests, what is the mean number that test positive for the HIV virus? (Round your answer to 1 deci ...

What are the uses and value of statistical significance

What are the uses and value of statistical significance testing and the p-value as demonstrated in the various analytical techniques (t-tests, ANOVA, chi-square, etc.). What's the fundamental reason we apply these techni ...

Forty-nine percent of us teens have heard of a fax machine

Forty-nine percent of US teens have heard of a fax machine. You randomly select 12 US teens. Find the probability that the number of these selected teens that have heard of a fax machine is exactly six (first answer list ...

How would i calculate this anystate auto insurance company

How would I calculate this: Anystate Auto Insurance Company took a random sample of 382 insurance claims paid out during a 1-year period. The average claim paid was $1590. Assume  σ  = $234. Find a 0.90 confidence interv ...

According to a research institution the average hotel price

According to a research? institution, the average hotel price in a certain year was ?$95.36. Assume the population standard deviation is ?$20.00 and that a random sample of 42 hotels was selected. a. Calculate the standa ...

A random sample ofnbsp77nbspeighth grade students scores on

A random sample of 77 eighth grade? students' scores on a national mathematics assessment test has a mean score of 290. This test result prompts a state school administrator to declare that the mean score for the? state' ...

What is the difference between a linear quadratic and cubic

What is the difference between a linear, quadratic, and cubic regression analysis? Please provide a reference.

Is it possible to have no or very small collinearity and

Is it possible to have no (or very small) collinearity and correlation between variables, yet have the same R squared and Adjusted R squared values?

A quiz consists of 70 multiple choice questions each with

A quiz consists of 70 multiple choice? questions, each with five possible? answers, only one of which is correct. If a student guesses on each? question, what is the mean and standard deviation of the number of correct? ...

The number of people arriving for treatment at an emergency

The number of people arriving for treatment at an emergency room can be modeled by a Poisson process with a mean of 7 people per hour. How many people do you expect to arrive during a 55-minute period?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As