A Person Who Commutes to Work Is Choosing Between Two

question 17

Essay

A person who commutes to work is choosing between two different routes. He tries the first route 11 times and the second route 12 times and records the time of each trip. The results (in minutes)are shown below. Use a significance level of 0.01 to test the claim that the times for both routes have the same distribution. $$\begin{array} { c c c | c c c } & { \text { Route 1 } } &&& { \text { Route } } 2 \\\hline 35 & 42 & 4 & 41 & 46 & 38 \\33 & 48 & 40 & 49 & 53 & 36 \\39 & 50 & 46 & 51 & 57 & 53 \\& 36 & 40 & 45 & 50 & 55\end{array}$$

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Definitions:

Advertising Expense

This refers to the costs a business incurs for marketing and promoting its products or services.

Common Stock

A type of equity security that represents ownership in a corporation, with holders possibly entitled to vote on corporate matters and receive dividends.

Equipment

Tangible assets used in operations, such as machinery, computers, and furniture, which are expected to be used over several years.

Note Payable

A written promise to pay a specific sum of money on a future date or dates, typically with interest.