Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Test the significant difference between two mean.

We refind outd our comparison of ideal number of children, this time only for women, separating them into two groups, those who indicated that they were "very happy" or "not at all happy" with life. Results are presented below.

 

 

Very Happy

 

Not Happy at All

Mean ideal number of children

3.32

 

2.07

Standard deviation

2.91

 

1.52

V

338

 

119

Obtained statistic

 

1.99

 

Based on the two-tailed test, α = 0.05. What do you conclude?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921926

Have any Question?


Related Questions in Statistics and Probability

The lifetime of a particular type of light bulb are

The lifetime of a particular type of light bulb are approximately normally distributed with a mean of 1200 hours and a standard deviation of 140 hours. a) Find the probability that a randomly chosen bulb will burn longer ...

What does the real world evidence say about the law of one

What does the real world evidence say about the law of one price?

What is the present value of a security that will pay 9000

What is the present value of a security that will pay $9,000 in 20 years if securities of equal risk pay 12% annually? Round your answer to the nearest cent

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

An insurance company is selling a perpetuity contract that

An insurance company is selling a perpetuity contract that pays $2,00 monthly. The contract currently sells for $100,000. (a) What is the monthly return on this investment vehicle? (b) if instead the amount of monthly in ...

Using excel a manufacturer of celsius thermometers claims

Using Excel, A manufacturer of Celsius thermometers claims the thermometers they produce have an average (mean) reading of 0 degrees Celsius and a standard deviation of 1 degree Celsius for freezing water . If one of the ...

The ph acidity of the liquor is critical for regulating dye

The pH (acidity) of the liquor is critical for regulating dye uptake and hence the final color. There are 5 kettles, all of which receive dye liquor from a common source. Past data show that pH varies according to a Norm ...

You want to retire in 35 years to fund the retirement you

You want to retire in 35 years. To fund the retirement, you deposit $25,000 into an account now, and you deposit $20,000 five years from now. You also plan to save an equal amount each year between now and 35 years from ...

A in how many ways can 5 men and women stand in a queue in

(a) In how many ways can 5 men and women stand in a queue in such a way that no two women stand together and no two men stand together? (b) A librarian wants to put 30 different books on 3 shelves, 10 books on each shelf ...

We choose a number from the set 1 2 100 uniformly at

We choose a number from the set {1, 2, ..., 100} uniformly at random and denote this number by  X . For each of the following choices, determine whether the events in question are independent or not. A = {X is even}, B = ...

  • 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