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Records of 40 used passenger cars and 40 used pickup trucks (none used commercially) were randomly selected to investigate whether there was any difference in the mean time in years that they were kept by the original owner before being sold. For cars, the mean was 5.3 years with standard deviation 2.2 years. For pickup trucks, the mean was 7.1 years with standard deviation 3.0 years. Compute with a 1% level of significance. a) Draw and state the rejection region in interval notation. b) State the test statistic and decision. c) Interpret your results.

Records of 40 used passenger cars and 40 used pickup trucks (none used commercially) were randomly selected to investigate whether there was any difference in the mean time in years that they were kept by the original owner before being sold. For cars, the mean was 5.3 years with standard deviation 2.2 years. For pickup trucks, the mean was 7.1 years with standard deviation 3.0 years. Compute with a 1% level of significance. a) Draw and state the rejection region in interval notation. b) State the test statistic and decision. c) Interpret your results.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Records of 40 used passenger cars and 40 used pickup trucks (none used commercially) were randomly selected to investigate whether there was any difference in the mean time in years that they were kept by the original owner before being sold. For cars, the mean was 5.3 years with standard deviation 2.2 years. For pickup trucks, the mean was 7.1 years with standard deviation 3.0 years. Compute with a 1% level of significance.

a) Draw and state the rejection region in interval notation.

b) State the test statistic and decision.

c) Interpret your results.

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