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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
8–21. As the U.S. economy cools down, investors look to emerging markets to offer growth opportunities. In China, investments have continued to grow.7 Suppose that a random sample of 15 investments in U.S. corporations had an average annual return of 3.8% and standard deviation of 2.2%. For a random sample of 18 investments in China, the average return was 6.1% and the standard deviation was 5.3%. Conduct a test for equality of population means using a= 0.01.
8–22. Ikarus, the Hungarian bus maker, lost its important Commonwealth of Inde- pendent States market and is reported on the verge of collapse. The company is now trying a new engine in its buses and has gathered the following random samples of miles-per-gallon figures for the old engine versus the new:
|
Old engine: |
8, 9, 7.5, 8.5, 6, 9, 9, 10, 7, 8.5, 6, 10, 9, 8, 9, 5, 9.5, 10, 8 |
|
New engine: |
10, 9, 9, 6, 9, 11, 11, 8, 9, 6.5, 7, 9, 10, 8, 9, 10, 9, 12, 11.5, 10, 7, |
|
|
10, 8.5 |
Is there evidence that the new engine is more economical than the old one?
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