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Show transcribed image text Consider the following sample data drawn independenty from normally distributed populations with equal population variances. Use able 2. 12.1 9.5 .3 10.2 8.9 9.8 7.2 10.2 8 9 10.9 11.2 10.6 98 9.8 11.2 12.1 here for the Excel Data Fi is the population mean for individuals with a CFA designation and μ2 is the population mean of individuals with MBAs a. Construct the relevant hypotheses to test If the mean of the second population is greater than the mean of the first population. b-1. Calculate the value of the test statistic. (Negative values should be indicated by a minus sign. Round all intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.) Test statistic b-2. Calculate the critical value at the 1% level of significance. (Negative value should be indicated by a minus sign. Round your answer to 3 decimal places.) Critical value
Consider the following sample data drawn independenty from normally distributed populations with equal population variances. Use able 2. 12.1 9.5 .3 10.2 8.9 9.8 7.2 10.2 8 9 10.9 11.2 10.6 98 9.8 11.2 12.1 here for the Excel Data Fi is the population mean for individuals with a CFA designation and μ2 is the population mean of individuals with MBAs a. Construct the relevant hypotheses to test If the mean of the second population is greater than the mean of the first population. b-1. Calculate the value of the test statistic. (Negative values should be indicated by a minus sign. Round all intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.) Test statistic b-2. Calculate the critical value at the 1% level of significance. (Negative value should be indicated by a minus sign. Round your answer to 3 decimal places.) Critical value
