Question

A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 35 salespersons with a degree (group 1) had an average weekly sale of $3531 last year, while 34 salespersons without a college degree (group 2) averaged $3322 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence at the 5% level to support the retailer's belief? Select the p-value for this hypothesis test.

a) p-value = 0.151

b) p-value = 0.008

c) p-value = 0.066

d) p-value = 0.111

e) p-value = 0.015

A national computer retailer believes that the average sales are greater for salespersons with a college degree. A random sample of 35 salespersons with a degree (group 1) had an average weekly sale of $3531 last year, while 34 salespersons without a college degree (group 2) averaged $3322 in weekly sales. The standard deviations were $468 and $642 respectively. Is there evidence at the 5% level to support the retailer's belief?

Select the Decision to Reject H0 or Failure to Reject H0

. a) Fail to Reject H0 b) Reject H0

Answer 1

Ans :

c) p-value = 0.066

a) Fail to Reject H0