From candy to jewelry to flowers, the average consumer was expected to spend $104.63 for Mothers Day
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From candy to jewelry to flowers, the average consumer was expected to spend $104.63 for Mother’s Day in 2005, according to the Democrat &
Chronicle article “Mom’s getting more this year”
(May 7, 2005). Local merchants thought this average was too high for their area. They contracted an agency to conduct a study. A random sample of 60 consumers was taken at a local shopping mall the Saturday before Mother’s Day and produced a sample mean amount of $94.27. If $29.50, does the sample provide sufficient evidence to support the merchants’ claim at the 0.05 level of significance?
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Related Book For
Just The Essentials Of Elementary Statistics
ISBN: 9780495314875
10th Edition
Authors: Robert Johnson, Patricia Kuby
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