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A pet store owner believes that dog owners spend more on average than cat owners on their pets. The owner randomly records the sales of

A pet store owner believes that dog owners spend more on average than cat owners on their pets. The owner randomly records the sales of 40 customers that said they only owned dogs and 40 customers that said they only owned cats. What is the correct decision and summary based on the Excel output below? Assume the populations are approximately normally distributed with unequal variances.

t-Test: Two-Sample Assuming Unequal Variances

Dog

Cat

Mean

57.1695

53.82225

Variance

588.088

573.7205

Observations

40

40

Hypothesized Mean Difference

0

df

78

t Stat

0.6211

P(T<=t) one-tail

0.2682

t Critical one-tail

1.6646

P(T<=t) two-tail

0.5363

t Critical two-tail

1.9908

What is the correct p-value?

Question options:

1.9908

0.2682

0.5363

1.6646

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