Diet Programs
a Consumer Research Organization Will Evaluate the Results

question 92

Short Answer

Diet programs
A consumer research organization will evaluate the results of two diet programs,Take-It-Off and Melt-Away.Persons are randomly sampled from each of the programs and their weight loss results follow. $$\begin{array} { | c | c | } \hline \text { Take-It- Off } & \text { Melt-Away } \\\hline 150 & 130 \\75 & 68 \\40 & 20 \\68 & 54 \\30 & 27 \\& 98 \\\hline\end{array}$$
-The test question is: Do the data indicate that the two programs are equally effective? In testing the hypotheses,the significance level is 0.10.What are the appropriate critical values?
Separate your answers with commas,for example x,y,z,etc.

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Definitions:

Real Wage

Refers to wages that have been adjusted for inflation, representing the purchasing power of income.

Nominal Wage

The wage paid to labor in current dollar terms, without adjustment for inflation.

Goods and Services

The output of an economy that fulfills consumer needs, with goods being tangible products and services being intangible activities performed for consumers.

Nominal Wage

The amount of money paid to an employee without adjustments for inflation or purchasing power, expressed in current currency terms.