Homework 5_7

1. Use the given data on annual Tbills and 10 year bond

returns to determine if Tbills and Bond10 returns have
equal means Use α=0.05. You cannot assume the returns in
each row are from the same year. Tbills Bonds10

0.0308 0.0084

0.0316 0.042

0.0455 0.0454

0.0231 -0.0256
0.0107 0.0879
0.0096 0.0186
0.0032 0.0796
0.0018 0.0447
0.0017 0.0502
0.003 0.0138
0.0008 0.0421
0.0004 0.0441
0.0003 0.054
0.0008 -0.0202
0.0034 0.0229
0.0038 0.0249
0.0038 0.0258
0.0038 0.038
0.0038 0.0313
0.0057 0.0092
0.0102 0.0195
 0.011 0.0466
0.0117 0.0043
0.0148 -0.003
0.0167 0.0227
0.0189 0.0414
0.0096 0.0329
0.0166 -0.0134
0.0256 -0.0226
0.0323 0.068
0.0178 -0.021
0.0326 -0.0265
0.0305 0.1164
0.0227 0.0206
0.0278 0.0569
0.0311 0.0168
0.0351 0.0373
0.039 0.0072
0.0484 0.0291
0.0433 -0.0158
0.0526 0.0327
0.0656 -0.0501
0.0669 0.1675
0.0454 0.0979
0.0395 0.0282
0.0673 0.0366
0.0778 0.0199
0.0599 0.0361
0.0497 0.1598
0.0513 0.0129
0.0693 -0.0078
0.0994 0.0067
0.1122 -0.0299
0.143 0.082
0.1101 0.3281
0.0845 0.032
0.0961 0.1373
0.0749 0.2571
0.0604 0.2428
0.0572 -0.0496
0.0645 0.0822
0.0811 0.1769
0.0755 0.0624
0.0561 0.15
0.0341 0.0936
0.0298 0.1421
0.0399 -0.0804
0.0552 0.2348
0.0502 0.0143
0.0505 0.0994
0.0473 0.1492
0.0451 -0.0825
0.0576 0.1666
0.0367 0.0557
0.0166 0.1512
0.0103 0.0038
0.0123 0.0449
0.0301 0.0287
0.0468 0.0196
0.0464 0.1021
0.0159 0.201
0.0014 -0.1112
0.0013 0.0846
0.0003 0.1604
0.0005 0.0297
0.0007 -0.091
0.0005 0.1075
0.0021 0.0128
Homework 5_7

2. You are given the amount of money spent at a

supermarket by a sample of shoppers during the morning
and afternoon hours. For α=0.05 does this data indicate
that norning shoppers spend less than afternoon shoppers? Morning Afternoon

$66.00 $88.00

$54.00 $56.00

$44.00 $46.00

$42.00 $60.00
$42.00 $58.00
$38.00 $54.00
$38.00 $52.00
$22.00 $34.00
$22.00 $44.00
$28.00 $44.00
$24.00 $42.00
$18.00 $38.00
$22.00 $26.00
$12.00 $26.00
Homework 5_7

3. You are given the miles per gallon obtained for 20 cars
using gasoline and ethanol. For α= 0.01, does this data
indicate that there is a significant difference in the MPG
cars obtain when fueled by ethanol or gasoline? Gas Ethanol

1 9 10

2 17 20

3 14 12

4 17 15
5 23 23
6 13 14
7 22 19
8 11 11
9 20 22
10 17 19
11 26 25
12 13 10
13 12 13
14 15 17
15 19 17
16 16 18
17 9 11
18 21 22
19 10 8
20 10 10