Sale (in Millions)
year LG TV Sony TV
2014 15 8
2015 16 8.5
2016 17 9
2017 18 9.5
2018 20 9
2019 22 8.5
2020 24 9.5
2021 26 10
2022 28 10.5
2023 30 11
F-Test Two-Sample for Variances
LG TV Sony TV
Mean 21.60 9.35
Variance 27.60 0.89
Observations 10.00 10.00
df 9.00 9.00
F 30.95
P(F<=f) one-tail 0.00
F Critical one-tail 3.18
**if p-value < 0.05 hence use t-test: Two sample assuming unequal variances**
**if p-value > 0.05 hence use t-test:two sample assuming equal variances**
t-Test: Two-Sample Assuming Unequal Variances
LG TV Sony TV
Mean 21.60 9.35
Variance 27.60 0.89
Observations 10.00 10.00
Hypothesized Mean Difference 0.00
df 10.00
t Stat 7.26
P(T<=t) one-tail 0.00
t Critical one-tail 1.81
P(T<=t) two-tail 0.00
t Critical two-tail 2.23
** if p-value > 0.05 , accept H0 and reject H1**
** if p-value < 0.05 , reject H0 and accept H1**
[OR]
If |t-Stat| > t-Critical, reject H0 and reject H1
If |t-Stat| < t-Critical, accept H0 and reject H1
# in this problem , p-value[0]<0.05, reject H0 and reject H1
[OR]
#|7.26|>2.23 [|t-Stat| < t-Critical ], reject H0 and reject H1