Question
In trying to understand the impacts of caffeine on consumer spending, researchers in France ran the following experiment: 145 people walking into a home goods
In trying to understand the impacts of caffeine on consumer spending, researchers in France ran the following experiment: 145 people walking into a home goods store were offered a welcome beverage: an espresso (caffeinated) or an option of a non-caffeinated drink. 58 shoppers chose the espresso while 87 went for the non-caffeinated alternative. On average the caffeinated shoppers spent$18 with a standard deviation of$29, while the non- caffeinated folks spent on average$9 with a standard deviation of$16.
Which statement is correct?
Group of answer choices
To accept the results of this experiment, we have to assume that the prefer- ence for a caffeinated beverage is not related to larger spending habits.
To accept the results of this experiment, we have to assume that the prefer- ence for a caffeinated beverage is indicative of larger spending habits.
To accept the results of this experiment, we have to assume that the number of participants is large enough.
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