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MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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D, E, F
detailed calculations and explanations please.

Transcribed Image Text:Sample statistics for annual earning:
High school
diploma
Bachelor's degree
or higher
X1= $27,136
X2= $34,329
%3D
S1 = $2318
S2 = $4962
%3D
n1 = 15
%3D
n2 = 12
%3D
The annual earnings of 15 people with a high school diploma and 12 people with a bachelor's
degree or higher are shown above. Can you conclude that there is a difference in the mean annual
earnings based on level of
education? Use a = 0.01. Assume the populations are normally distributed and the population
variances are not equal.
a. Identify the claim and state Ho and Ha
b. Identify the level of significance a and the degrees of freedom.
c. Find the critical values and identify the rejection regions.
d. Find the standardized test statistic t. Sketch a graph.
e. Decide whether to reject the null hypothesis.
f. Interpret the decision in the context of the original claim.
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