To test whether the two population means differ significantly.
Two boats, the Prada (Italy) and the Oracle (U.S.A.), are competing for a spot in the upcoming America's Cup race. They race over a part of the course several times. Below are sample times in minutes. At the .05 significance level, can we end that there is a difference in their mean times?
Boat Times (minutes)
Prada (Italy) 12.9 12.5 11.0 13.3 11.2 11.4 11.6 12.3 14.2 11.3