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is the difference between the mean annual salaries of entry level archi…

Question

is the difference between the mean annual salaries of entry level architects in denver, colorado, and lincoln, nebraska, equal to $10,500? to decide, you select a random sample of entry level architects from each city. the results of each survey are shown. assume the population standard deviations are $\sigma_1 = \\$6521$ and $\sigma_2 = \\$6091$. at $\alpha = 0.01$, what should you conclude?

entry level architects in denver, co
$\bar{x}_1 = 58,300$
$n_1 = 33$

entry level architects in lincoln, ne
$\bar{x}_2 = 54,240$
$n_2 = 35$

\bigcirc d. $h_0: \mu_1 - \mu_2 > 10,500$
$h_a: \mu_1 - \mu_2 \leq 10,500$
\bigcirc e. $h_0: \mu_1 - \mu_2 \
eq 10,500$
$h_a: \mu_1 - \mu_2 = 10,500$
\bigcirc f. $h_0: \mu_1 - \mu_2 \geq 10,500$
$h_a: \mu_1 - \mu_2 < 10,500$

calculate the standardized test statistic.
$z = -4.20$
(round to two decimal places as needed.)

determine the p - value.
the p - value is \square.
(round to three decimal places as needed.)

Explanation:

Step1: Identify Test Type

This is a two - sample z - test for the difference between two means. The standardized test statistic \(z=- 4.20\) is given. For a two - tailed test (since we are testing if the difference is not equal to 10500, the alternative hypothesis \(H_{a}:\mu_{1}-\mu_{2}
eq10500\)), we need to find the area in both tails corresponding to \(z = - 4.20\) (and \(z = 4.20\) because of symmetry).

Step2: Use Z - table or Calculator

We know that the standard normal distribution is symmetric. The P - value for a two - tailed test is \(2\times P(Z < -|z|)\). For \(z=-4.20\), we look up the probability that \(Z < - 4.20\) in the standard normal table. The probability that \(Z < - 4.20\) is extremely small. Using a calculator or a more detailed z - table, we find that \(P(Z < - 4.20)\approx0.000013\). Then the P - value for a two - tailed test is \(2\times0.000013 = 0.000026\approx0.000\) (rounded to three decimal places).

Answer:

\(0.000\)