Be sure to show all work and formula's for all questions. 1. Wine Lovers magazine would like to test the hypothesis that
Posted: Wed May 11, 2022 2:34 pm
Be sure to show all work and formula's for all questions. 1. Wine Lovers magazine would like to test the hypothesis that the average bottle age before drinking of an imported wine is greater than the average age of a domestically produced bottle of wine. The following data shows the sample size and the average age of bottled wine for import and domestic wines. The population standard deviations are given in the 3rd row. Test the hypothesis of Wine Lovers magazine at a level of significance a = 0.025. Domestic Import 4.25 years 6.75 years Sample mean Sample size Population standard deviation 36 42 2.12 years 3.65 years Also, calculate the p-value. When comparing the p-value with a, the level of significance, again do you draw the same conclusion as in your hypothesis test? Why?