Asked by Michael Bergamo on May 11, 2024
Verified
{Clothing Expenditures Narrative} Can the consultant conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate?
Significance Level
A statistical term that provides the threshold of probability at which you reject the null hypothesis, commonly denoted by alpha.
Husband's Estimate
A presumably subjective assessment or judgment made by a husband, often humorously referred to in the context of informal decisions or guesses.
- Illustrate the ability to implement hypothesis testing concerning population variances.
Verified Answer
JB
Jackie BurnettMay 13, 2024
Final Answer : 
. (husband − wife) Rejection region: t > t.05,9 = 1.833 Test statistics: t = 2.776 Conclusion: Reject the null hypothesis.Yes,the consultant can conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate,according to this data.
. (husband − wife) Rejection region: t > t.05,9 = 1.833 Test statistics: t = 2.776 Conclusion: Reject the null hypothesis.Yes,the consultant can conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate,according to this data.
Learning Objectives
- Illustrate the ability to implement hypothesis testing concerning population variances.
Related questions
A Sample of 51 Observations Yielded a Sample Standard Deviation ...
We Are Interested in Determining Whether or Not the Variances ...
A New Runner Has Decided to Purchase a New Pair ...
The Paired-Difference T-Test for the Main Difference Between Two Populations ...
An Aircraft Manufacturer Requires Bolts That Are Part of the ...