Undergraduates' Test Scores 35 Undergraduate Students Who Completed Two Years

question 55

Essay

Undergraduates' Test Scores 35 undergraduate students who completed two years of college were asked to take a basic mathematics test. The mean and standard deviation of their scores were 75.1 and 12.8, respectively. In a random sample of 50 students who only completed high school, the mean and standard deviation of the test scores were 72.1 and 14.6, respectively {Undergraduates' Test Scores Narrative} Can we infer at the 10% significance level that a difference exists between the two groups?

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Definitions:

Notes Payable

A liability in a company's balance sheet that records amounts the company owes because it borrowed money, or a formal written agreement to pay a specific amount in the future.

Maturity Value

The amount of the note that is due on the date of maturity (Principal + Interest).

Principal Amount

The original sum of money borrowed in a loan, or the original investment in a financial instrument, before interest.