The data to the right show the average retirement ages for a random sample of workers in Country A and a random sample of workers in Country B. Complete parts a and b.
Country A Country B
Sample mean 63.4 years 65.2 years
Sample size 40 40
Population standard deviation 4.3 years 5.4 years
a. Perform a hypothesis test using alpha α = 0.01 to determine if the average retirement age in Country B is higher than it is in Country A.
Let population 1 be the workers in Country A and population 2 be the workers in Country B. Identify the null and alternative hypotheses. Choose the correct answer below.
A. H0: μ1 − μ2 <0
H1: μ1-μ2 ≥0
B. H0: μ1 − μ2 ≠0
H1: μ1 − μ2 =0
C. H0: μ1 − μ2 ≥0
H1: μ1 − μ2 <0
D. H0: μ1−μ2≤0
H1: μ1−μ2>0
E. H0: μ1 − μ2 >0
H1: μ1 − μ2 ≤0
F. H0: μ1 − μ2 =0
H1: μ1 − μ2 ≠0
Calculate the appropriate test statistic.
The test statistic is . (Round to two decimal places as needed.)
Determine the appropriate critical value(s). The critical value(s) is(are) . (Round to two decimal places as needed. Use a comma to separate answers as needed.)
Since the test statistic ▼ falls/does not fall in the rejection region, ▼ do not reject/reject H0. There is ▼ sufficient/insufficient evidence to conclude that the average retirement age in Country B is higher than it is in Country A.
b. Determine the p-value and interpret the results. The p-value is . (Round to three decimal places as needed.) Since the p-value is ▼ equal to/less than/greater than α, ▼ do not reject/reject H0. There is ▼ sufficient/insufficient evidence to conclude that the average retirement age in Country B is higher than it is in Country A.
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