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Ms. Lisa Monnin is the budget director for the New Process Company. She would like to...


Ms. Lisa Monnin is the budget director for the New Process Company. She would like to compare the daily travel expenses for the sales staff and the audit staff. She collected the following information:

Sales: x1 = 142.5, s1 = 12.2, n1 = 6

Audit: x2 = 130, s2 = 15.8, n2 = 7

At the 0.10 significance level, can she conclude that the mean daily expenses are greater for the sales staff than the audit staff?

Complete the 5-step process for solving tests of hypotheses.

Math   Statistics-And-Probability   
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