Testing Hypotheses: Two Sample Tests

The data below are a random sample of 9 firms chosen from the “Digest of Earnings Reports” in The Wall Street Journal on February 6,1992:

  1. Find the mean change in earnings per share between 1991 and 1992.
  2. Find the standard deviation of the change and the standard error of the mean.
  3. Were average earnings per share different in 1991 and 1992? Test at α = 0.02.

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