Purchase Solution

Statistics - Conclusion based on given data

Not what you're looking for?

Ask Custom Question

The US energy administration publishes data on residential energy consumption and expenditures in residential consumption survey: consumption and expenditures. Suppose you want to decide whether last years mean annual mean expenditure for house holds using natural gas is different from that for house holds using only electricity. At the 5% significance level what conclusion would you draw given the data in dollars shown in the following table?

Natural Gas:
2002,1338,1478,1305,1636,1557,1456,1495,1376,1458,1698,1491,1394,1526, 1579,1369,1249,1505,1541,1385,1375,1495,1377,1355,1321,1801,1664,1507, 1648,1574
Electricity:
1376,1327,1168,1014,1379,1177,949,1456,1452,1059,1070,1461,987,1150,1351, 1235,1400,1180,1102,1002,1352,1259,1480,1227,1221,976,1532,1266,1179,1185, 1102,1351,1394,1450,1109,1393

Purchase this Solution

Solution Summary

A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.

Solution Preview

The solution file is attached.

The US energy administration publishes data on residential energy consumption and expenditures in residential consumption survey: consumption and expenditures. Suppose you want to decide whether last years mean annual mean expenditure for house holds using natural gas is different from that for house holds using only electricity. At the 5% significance level what conclusion would you draw given the data ...

Purchase this Solution


Free BrainMass Quizzes
Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.