Question
In 2019, before the pandemic, college students spent an average of $68 per month on music. This year, after the pandemic, a sample of 50
In 2019, before the pandemic, college students spent an average of $68 per month on music. This year, after the pandemic, a sample of 50 full-time students showed they spent an average of $74 with a standard deviation of $21. Would you conclude that college students spend more money on music after the pandemic? What is the p-value for this problem?
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
