Question
In a sample of 1200 people, our survey revealed that people in ZIP Code spent an average of on apparel each year, with a standard
In a sample of 1200 people, our survey revealed that people in ZIP Code spent an average of on apparel each year, with a standard deviation of 550 . In a survey of 1250 people in ZIP Code B, the average spent was , with a standard deviation of 500 . Is there a statistically significant difference in spending in these two ZIP codes?
A. Yes, there is a difference. You should reject the null.
B. No, there is no difference. You should reject the null.
C. No, there is no difference. You should fail to reject the null.
D. Yes, there is a difference. You should fail to reject the null.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started