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The Owners of an Industrial Plant Want to Determine Which

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The owners of an industrial plant want to determine which of two types of fuel (gas or electricity) will produce more useful energy at a lower cost. The cost is measured by plant investment per delivered quad ($ invested /quadrillion BTUs) . The smaller this number, the less the industrial plant pays for delivered energy. Random samples of 11 similar plants using electricity and 16 similar plants using gas were taken, and the plant investment/quad was calculated for each. In an analysis of the difference of means of the two samples, the owners were able to reject H0 in the test H0: (μE - μG) = 0 vs. Ha: (μE - μG) > 0. What is our best interpretation of the result?


Definitions:

Ethnic Health

Aspects of health and illness that are unique or more prevalent within specific ethnic groups, often influenced by genetic, environmental, and social factors.

Economic Differences

The disparities in wealth, income, and access to resources between individuals, communities, or countries.

Gender-Based

Pertaining to or influenced by the distinction between male and female.

Health Disparity

A difference in a health condition that exists between specific population groups.

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