Section Exercise
The average mpg usage for a 2009 Toyota Prius for a sample of 7 tanks of gas was 43.5 with a standard deviation of 1.8. For a 2009 Honda Insight, the average mpg usage for a sample of 7 tanks of gas was 39.9 with a standard deviation of 2.0.
Assuming equal variances, at α = 0.05, is the true mean mpg lower for the Honda Insight?
(a-1) Choose the appropriate hypotheses.
a.H0: μtoy - μhon ≤ 0 vs. H1: μtoy - μhon > 0. Reject H0 if tcalc > 1.782
b.H0: μtoy - μhon ≤ 0 vs. H1: μtoy - μhon > 0. Reject H0 if tcalc < 1.782
c.H0: μtoy - μhon ≥ 0 vs. H1: μtoy - μhon < 0. Reject H0 if tcalc < - 1.782
d.H0: μtoy - μhon ≥ 0 vs. H1: μtoy - μhon < 0. Reject H0 if tcalc > - 1.782 abcd
(a-2) Calculate the tcalc. (Round your answer to 4 decimal places.)
tcalc
(a-3) Based on the tcalc determined, choose the correct decision.
A. Fail to reject the null hypothesis
B. Reject the null hypothesis
(a-4) Is the true mean mpg lower for the Honda Insight?
A. Yes
B. No
(b) Calculate the p-value using Excel. (Round your answer to 4 decimal places.)