Use the Following to Answer Questions

question 37

Short Answer

Use the following to answer questions :
A sample of 31 male students and another sample of 33 female students from the same college produced mean G.P.As of 2.66 for the males and 2.89 for the females.Suppose that the standard deviations of the G.P.As are 0.71 for the males and 0.63 for the females.The null hypothesis is that the mean G.P.A's are the same for males and females,while the alternative hypothesis is that the mean G.P.A for males is less than the mean G.P.A for females.
-Do you reject or fail to reject the null hypothesis at the 2.5% significance level? State your answer as "reject" or "fail to reject",but don't include the quotation marks.

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Definitions:

Periodic Interest Rate

The interest rate charged or paid over a specific period of time, shorter than a year, such as monthly or quarterly.

Annuity

A financial arrangement designed to supply a consistent stream of payments, usually to assist individuals in maintaining income after retirement.

Payment Interval

The regular schedule at which payments are made, such as monthly or quarterly.

Periodic Interest Rate

The interest rate applied to a loan or investment over a specific period of time, shorter than a year.