A Sample of Students Attending a Large University Has Been

question 33

Short Answer

A sample of students attending a large university has been selected.Is there a statistically significant difference between Liberal Arts majors and other students on average number of books (other than those required by course work)read per year? Use the five step model and write a sentence or two interpreting your results.


$\begin{array}{ll}\text { Liberal Ants } & \text { Other} \\\bar{X}_{1} =16.2 & \bar{X}_{2}=13.7 \\S_{J}=2.3 & S_{2}=9.0 \\ N_{I}=236 & N_{2}=321\end{array}$

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Definitions:

Subscriptions Receivable

This refers to the amounts owed by subscribers who have not yet paid for the subscription services or publications.

Par Value

The face value of a bond or stock as stated by the issuing company, unrelated to its market value.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation and a claim on part of the corporation's profits or losses.

Paid-in Capital

Funds received from investors during the issuance of stock, exceeding the par or stated value of the shares, also known as "contributed capital."