
Nestor R. answered 05/16/20
Professional experienced using mathematics and statistics
na = 30, a-bar = 20, sa = 3.5
nb = 40, b-bar = 18.5, sb = 2.1
Here the null hypothesis is that a-bar - b-bar = d = 0 vs. the alternative that a-bar and b-bar ^= 0
a-bar - b-bar = d =20 - 18.5 = 1.5
Find the pooled standard deviation sp as sqrt (sa2/na + sb2/nb)
= sqrt(3.52/30 + 2.12/40)
= sqrt(0.51858)
=0.720
The t-statistic is d/sp
= 1,5/0.720
= 2.0833...
At the 0.01 level of statistical significance, the critical value for t with 68 degrees of freedom, calculated as (na-1) + (nb-1), is 2.390.
The calculated t, 2.0833... < 2.390, so there is no statistically significant difference in yields.