Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
Answer:
There is enough statistical evidence to suggest that there is no difference between the mean number of households picking either service
Step-by-step explanation:
The parameters of the music streaming service are;
The average number of households using Apple Music, [tex]\overline {X}_1[/tex] = 1.73 million
The standard deviation, σ₁² = 0.46 million
The average number of households using Spotify, [tex]\overline {X}_2[/tex] = 2.17 million
The standard deviation, σ₂² = 0.33 million
The significance level = 0.01
Hypothesis testing with different population standard deviation
[tex]Z = \dfrac{\overline {X}_1 - \overline {X}_2}{\sqrt{\dfrac{\sigma_1^2}{n_1} +\dfrac{\sigma_2^2}{n_2}} }[/tex]
H₀: [tex]\overline {X}_1[/tex] ≠ [tex]\overline {X}_2[/tex]
H₁: [tex]\overline {X}_1[/tex] = [tex]\overline {X}_2[/tex]
[tex]Z = \dfrac{1.73- 2.17}{\sqrt{\dfrac{0.46^2}{12} +\dfrac{0.33^2}{12}} } = -2.6923[/tex]
p-value for the test statistic = 2 × P(Z <-2.6923) = 2 × 0.00357 = 0.00714
Therefore, the p-value is less than the significance level, and it is therefore unlikely that the result will be observed under the null hypothesis
We therefore reject the null hypothesis and there is enough statistical evidence to suggest that there is no difference between the mean number of households picking either service
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.