Examlex

Solved

NARRBEGIN: Starting Salary
Starting Salary
in Testing the Hypotheses H0:μ1μ2=0H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0

question 3

Essay

NARRBEGIN: Starting Salary
Starting Salary
In testing the hypotheses H0:μ1μ2=0H _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0 vs. H1:μ1μ20H _ { 1 } : \mu _ { 1 } - \mu _ { 2 } \neq 0 , two random samples from two populations of college of business graduates majoring in global marketing and international business produced the following statistics regarding their starting salaries (in $1000s): n1=50n _ { 1 } = 50 , xˉ1=35\bar { x } _ { 1 } = 35 , s1=28s _ { 1 } = 28 , n2=50n _ { 2 } = 50 , xˉ2=30\bar { x } _ { 2 } = 30 , and s2=10s _ { 2 } = 10 . (Assume the salaries have normal distributions.)
NARREND
-The service manager of a car dealer wants to determine if owners of new cars (two years old or less) tune up their cars more frequently than owners of older cars (more than two years old). From his records he takes a random sample of ten new cars and ten older cars and determines the number of times the cars were tuned up in the last 12 months. The data follow. Do these data allow the service station owner to infer at the 10% significance level that new car owners tune up their cars more frequently than older car owners?
 Frequency of Tunsups in past 12 Month  New Car Owmers  Old Cars Owners 64323132433262535241\begin{array}{l}\text { Frequency of Tunsups in past 12 Month }\\\begin{array} { |c | c| } \hline \text { New Car Owmers } & \text { Old Cars Owners } \\\hline 6 & 4 \\3 & 2 \\3 & 1 \\3 & 2 \\4 & 3 \\3 & 2 \\6 & 2 \\5 & 3 \\5 & 2 \\4 & 1 \\\hline\end{array}\end{array}


Definitions:

Environmental Wisdom

The understanding and application of ecological knowledge and principles to make decisions that consider the long-term impact on natural environments.

Natural Principles

Fundamental concepts or laws governing the natural world, which explain patterns observed in the physical universe.

Pollution Control

Measures and strategies implemented to reduce or eliminate the release of pollutants into the environment in order to protect human health and the natural world.

Earth-Centred

A perspective or philosophy that emphasizes the importance of Earth's ecosystems and the intrinsic value of all living and non-living components of the planet.

Related Questions