10.1 Exercise 56

Conduct a hypothesis test to answer the next two exercises.

Elijah wants to know whether textbook costs are different for different courses of study. He selects a random sample of 33 sociology textbooks offered on a popular online site. The mean price of his sample is $74.64 with a standard deviation of $49.36. He then selects a random sample of 33 math and science textbooks from the same site. The mean price of this sample is $111.56 with a standard deviation of $66.90. Is the mean price of a sociology textbook lower than the mean price of a math or science textbook? Test at a 1% significance level.