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(Solved) (Latest ver. Aug 2020) - Statistics : Hypothesis Testing, Variance, Confidence Intervals and Levels of Significance

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The MBA department is concerned that dual degree students may be receiving lower grades than the regular MBA students. Two independent random samples have been selected. 100 observations from population 1 (dual degree students) and 100 from population 2 (MBA students). The sample means obtained are X1(bar)=83 and X2(bar)=85. It is known from previous studies that the population variances are 4.0 and 5 respectively. Using a level of significance of .05, is there evidence that the dual degree students are receiving lower grades? Fully explain your answer.

 







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