Preliminary Data Analyses Indicate That You Can Reasonably Consider the Assumptions

question 68

Essay

Preliminary data analyses indicate that you can reasonably consider the assumptions for using pooled t-proceduressatisfied. Perform the required hypothesis test by using either the critical-value approach or the P-value approach asindicated.
-A researcher was interested in comparing the resting pulse rate of people who exercise regularly and people who do not exercise regularly. Independent simple random samples of 16 people ages 30-40 who do not exercise regularly and 12 people ages 30-40 who do exercise regularly were selected and the resting pulse rate of each person was measured. The summary statistics are as follows. At the 2.5% significance level, do the data provide sufficient evidence to conclude that the mean resting pulse rate of people who do not exercise regularly is greater than the mean resting pulse rate of people who exercise regularly? Use the critical-value approach.

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Definitions:

Circular Flow Diagram

A visual model of the economy that shows how dollars flow through markets among households and firms, illustrating the interdependencies of economic activities.

Markets For Goods

Platforms or locations where goods are bought and sold, encompassing both physical locations and virtual marketplaces.

Efficient Production Possibilities

A concept in economics indicating the maximum output levels achievable with given resources and technology.

Production Possibilities Curve

A graphical representation showing the maximum number of goods and services that can be produced using limited resources.