(See Solution) The XYZ Power Company wonders if higher oil prices could cause higher electrical usage for home heating. To measure changes over the past
Question: The XYZ Power Company wonders if higher oil prices could cause higher electrical usage for home heating. To measure changes over the past year, a simple random sample of 40 households was selected for January 2000 and compared with a sample of 50 households for January 2001 .
The sample results are:
Sample 1 (January 2000), \(\overline{\mathrm{X}}_{1}=1,645 \mathrm{kwh}, \mathrm{s} 1=298 \mathrm{kwh}, \mathrm{n}_{1}=40\)
Sample 2 (January 2001), \(\overline{\mathrm{X}}_{2}=1,803 \mathrm{kwh}, \mathrm{s} 2=305 \mathrm{kwh}, \mathrm{n}_{2}=50\)
Test at the \(10 \%\) level of significance if the average residential electricity usage per household has changed for the month of January.
Deliverable: Word Document 