The Telecommunications industry achieved a more rapid increase in ROI during its initial 75 years in existence than the Oil & Gas industry achieved.
Which business sector, Oil & Gas or Telecommunications, achieved the greater ROI as their relative business sector matured?"
Assuming level of significance α= .05
3. Calculate test statistic.
4. Compute probability of test statistic.
5. Describe the results of your test.
[See the attached question file.]
Neat, step-by-step solution is provided.