00:01
So we would be assuming that the mean for massachusetts is equal to that for new york.
00:08
And alternately, we just want to see if there is a difference.
00:13
And so the question says, is there a difference? so i would guess that they're claiming this.
00:20
When i read the problem, it says, use a traditional method.
00:24
And they both averaged and they had these yields from 45.
00:27
And it doesn't really say, are they just ask, are they different? so we'll assume they're equal.
00:35
And so this will be a two sample z test and because we know our population standard deviations.
00:46
So our test statistic, our z value, and by the way, we're using an alpha level of 10%.
00:53
Our z value is to take the difference between those means, which is that $73 ,195 minus the $76 ,409.
01:08
And then we're going to divide by that standard air...