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5 Step Hypothesis Testing Procedure

Ms Lisa 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 sample info:

Sales ($) 131 135 146 165 136 142
Audit ($) 130 102 129 143 149 120 139

At the .10 confidence level, canshe conclude that the mean daily expenses are greater for the sales staff than the audit staff? What is the p-value?

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Solution Summary

The solution is completed in an attachment which includes a step-by-step explanation with 5 diagrams used to come to a conclusion.