Public versus Private Education
Not what you're looking for?
Is there sufficient evidence to conclude that tuition cost for Public differs from that of Private? Test at the .05 percent level of significance. Be sure to provide a complete interpretation of the results.
See the attached file.
Purchase this Solution
Solution Summary
The solution discusses if there sufficient evidence to conclude that tuition cost for Public differs from that of Private.
Solution Preview
Please refer to the attachment.
Public Private
M1= 14.2 M2= 24.3
s1=0.5 s2= 0.5
n1=30 n2=50
Ho: Md = M2 - M1=0
Ha: Md ≠ 0
the formula for a confidence interval on the difference between means ( M2 - M1) is:
t = Md /( )
where Md = M2 - M1 is the statistic and is an estimate of (the standard error of the difference between means). The estimated standard error, , is computed assuming that the variances in the two populations are equal.
Md = M2 - M1=24.3-14.2 = 10.1
The calculations are only ...
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
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.
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.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.