STAT 2023, Assignment 18, Lesson 17, Comparing Two Population Means when the population variances are not assumed equal. Part One: Reading and Writing Write a summary in your own words of at least four sentences of the following site down to the section titled “Test Your Understanding.” http://stattrek.com/estimation/difference-in-means.aspx?Tutorial=AP . Part Two: Calculation The average sales for two brands of external hard drives were compared using the following data. Fifteen weeks of sales were recorded for each type of hard drive. Use this information to answer the remaining questions. Type One n1=15 _ x1 = 456 units sold s12 = 150 Type Two n2=15 _ x2 = 426 s22 = 90 1. What is the point estimate for the mean sales of type one hard drive? 2. What is the estimated standard error for the point estimate for the mean sales of type one hard drive? Round to two digits past the decimal. 3. What is the point estimate for the mean of sales for type two hard drive? 4. What is the estimated standard error for the point estimate for the mean of sales of type two hard drive? Round to two digits past the decimal. 5. What is the value of the test statistic to test that the mean of population one is equal to 450? Round to one digit past the decimal. 6. What is the numerical value of the point estimate for the difference between the average sales for these two types of hard drive? 7. What is the pooled variance estimate based on these two samples? 8. What is the degree of freedom associated with the pooled variance estimate above? 9. What is the estimated standard error for the point estimate for the difference between the means, if the population variances are assumed equal? 10. What is the estimated standard error for the point estimate for the difference between the means, if the population variances are not assumed equal? Is this equal to the answer in the question just above? If so, why are these two equal? 11. What is the appropriate alternative hypothesis if the research question is “Do the data indicate that the average sales for hard drive type one is more than the average sales for hard drive type two?” 12. What is the numeric value of the test statistic that would be used to attempt to support the alternative hypothesis described in the above question? Assume equal population variances. 13. What is the appropriate alternative hypothesis if the research question is “Do the data indicate that the average sales for hard drive type one is greater than 25 dollars more than the average sales for hard drive type two?” 14. What is the numeric value of the test statistic that would be used to attempt to support the alternative hypothesis described in the above question? 15. If the sales averages for the two hard drive types are equal, what is the name of the distribution of the test statistic, if the standard error is based on the variance estimate that is used when the population variances are assumed equal? 16. In this situation the null hypothesis would be rejected at the 1% significance level if the observed test statistic value is more than what value? 17. If the p-value of this hypothesis test is 0.009 would one conclude that the average sales for hard drive type one is more than the average sales for hard drive type two at the 5% significance level? Answer with YES or NO.