document.write( "Question 323130: Here is the problem...see below for my question...\r
\n" );
document.write( "\n" );
document.write( "A bond analyst is analyzing the interest rates for equivalent municipal bonds issued by two different states. At = .05, is there a difference in the interest rates paid by the two states?\r
\n" );
document.write( "\n" );
document.write( "State A
\n" );
document.write( "Sample size 80
\n" );
document.write( "Mean interest rate (%) 3.7
\n" );
document.write( "Sample variance 0.02\r
\n" );
document.write( "\n" );
document.write( "State B
\n" );
document.write( "Sample Size 70
\n" );
document.write( "Mean Interest Rate (%) 4.25
\n" );
document.write( "Sample Variance 0.03\r
\n" );
document.write( "\n" );
document.write( "A) No, because the test value 0.02 is inside the interval (-1.96, 1.96)
\n" );
document.write( "B) Yes, because the test value 445.79 is outside the interval (-1.96, 1.96)
\n" );
document.write( "C) Yes, because the test value 21.11 is outside the interval (-1.96, 1.96)
\n" );
document.write( "D) Yes, because the test value 8.11 is outside the interval (-1.96, 1.96)\r
\n" );
document.write( "\n" );
document.write( "I used the t-test to figure this and got the answer 810, which does not match any of the answers.\r
\n" );
document.write( "\n" );
document.write( "Could you please let me know what formula/steps that should be used on this?
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #231314 by stanbon(75887) ![]() You can put this solution on YOUR website! I ran a 2-SampleTtest on a TI-84 and got \n" ); document.write( "test stat = t = -21.1137 \n" ); document.write( "p-value approximately zero: 2.34x10^-44 \n" ); document.write( "-- \n" ); document.write( "Conclusion: Reject Ho: u1-u2=0 \n" ); document.write( "===============================\r \n" ); document.write( "\n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |