Two independent samples are drawn from two populations,and the following information is provided.
We want to test the following hypotheses.
a.Determine the degrees of freedom.
b.Compute the test statistic.
c.At 95% confidence,test the hypotheses.Assume the two populations are normally distributed and have equal variances.
Definitions:
Liens
Legal claims against assets that are typically used as collateral to secure loans.
Accounts Receivable
Amounts due from clients to a business for received goods or services that remain unpaid.
Inventory
The total amount of goods and materials held by a company for the purpose of resale or production.
Accounts Payable
Liabilities or amounts owed by a business to suppliers or creditors for goods and services received but not yet paid for.
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