Step 1 :Given the following values: \(n_1 = 17\), \(M_1 = 53.3\), \(SD_1 = 9.7\), \(n_2 = 26\), \(M_2 = 54.7\), \(SD_2 = 5.5\), and \(\alpha = 0.001\).
Step 2 :The degrees of freedom can be calculated as the smaller of \(n_1-1\) and \(n_2-1\), which gives us \(df = 16\).
Step 3 :Using the t-distribution table with the degrees of freedom and the significance level, we find the critical value to be approximately \(3.686\).
Step 4 :The test statistic can be calculated using the formula for the t-test statistic for two independent samples: \(t = \frac{M_1 - M_2}{\sqrt{\frac{SD_1^2}{n_1} + \frac{SD_2^2}{n_2}}}\).
Step 5 :Substituting the given values into the formula, we find the test statistic to be approximately \(-0.541\).
Step 6 :Final Answer: The critical value for this test is \(\boxed{3.686}\) and the test statistic for this sample is \(\boxed{-0.541}\).