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Essay Details:
Essay text:
The test is going to use a significant level of .01 for the test. The null hypothesis is that there are less ATM transactions necessary for debit card holders than by non debit card holders.
ANOVA/Z TEST/F Distribution
ATM Debit Mean
Non-Debit Card Holders 352 34 10.35
Debit Card Holders 266 26 10.23
Sample Size = 60
Sig Level = 0.01
CV (4 numerator, 4 denominator) 15.98
Type MEAN ATM Transactions SD Sample Size (n-1)
Debit Card Holders 10.23 4.35 25
Non-Debit Card Holders 10.35 4.32 33
Right Tail Curve = 15.98 (CV)
F = 4.352/4.322 = 18.92/18.66 = 1.01
NOTE: Fail to reject null hypothesis because F is less than CV or critical value...
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