Question
Businesses such as General Mills, Kellogg's, and Betty Crocker regularly use coupons to build brand allegiance and stimulate sales. Marketers believe that the users of
Businesses such as General Mills, Kellogg's, and Betty Crocker regularly use coupons to build brand allegiance and stimulate sales. Marketers believe that the users of paper coupons are different from the users of e-coupons accessed through the Internet. One survey recorded the age of each person who redeemed a coupon along with the type of coupon (either paper or electronic). The sample of 21 traditional paper-coupon clippers had a mean age of 52.0 with a standard deviation of 10.0. The sample of 35 e-coupon users had a mean age of 42.7 years with a standard deviation of 7.0. Assume the population standard deviations are not the same. Using a significance level of 0.05, test the hypothesis of no difference in the mean ages of the two groups of coupon clients. Hint: For the calculations, assume e-coupon as the first sample. Required: a. What are the null and alternate hypotheses? multiple choice 1
- H0: e-coupon = traditional H1: e-coupon traditional
- H0: e-coupon traditional H1: e-coupon = traditional
- H0: e-coupon traditional H1: e-coupon traditional
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) c. Compute the p-value.NOTE: P-value calculators are available through online search. (Round your answer to 4 decimal places.) d. What is your decision regarding the null hypothesis? multiple choice 2
- Reject the H0
- Fail to reject the H0
e. Interpret the result.
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