Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Is there a good reason to believe that evening customers purchase, on average, more than day customers? Support your answer by performing a statistical test

Is there a good reason to believe that evening customers purchase, on average, more than day customers? Support your answer by performing a statistical test on the difference between the mean day purchase and the mean evening purchase (using a two-tailed test).

DAY EVENING Purchase Revenue Cost Purchase Revenue Cost 32.50 23.89 40.29 32.00 35.22 25.90 34.66 25.20 39.99 30.40 35.87 24.01 23.08 16.53 36.40 28.60 39.48 28.32 30.95 24.95 30.55 20.17 33.69 22.42 24.77 18.49 33.82 25.89 30.13 21.11 34.92 23.07 31.16 24.91 35.15 25.39 34.67 25.75 32.89 22.99 32.37 25.03 36.30 28.63 40.71 29.61 38.44 29.51 33.07 23.31 32.49 25.36 43.86 29.51 34.91 25.26 45.88 36.39 52.78 37.08 42.31 29.83 37.43 28.81 36.69 29.89 30.20 19.86 43.59 28.51 37.99 26.54 31.38 23.55 26.90 19.19 32.09 21.66 47.19 34.88 26.78 17.93 33.48 25.12 26.39 18.38 44.20 36.09 33.84 22.96 33.52 22.76 32.39 25.24 37.15 26.24 25.29 17.72 35.81 26.79 21.11 14.41 37.61 25.68 27.60 22.23 30.29 24.51 37.79 25.50 31.07 23.27 38.37 29.00 24.35 19.50 27.14 21.31 34.90 28.07

image text in transcribed
DAY EVENING Purchase Purchase Revenue Cost Revenue Cost 32.50 23.89 40.29 32.00 35.22 25.90 34.66 25.20 39.99 30.40 35.87 24.01 23.08 16.53 36.40 28.60 39.48 28.32 30.95 24.95 30.55 20.17 33.69 22.42 24.77 18.49 33.82 25.89 30.13 21.11 34.92 23.07 31.16 24.91 35.15 25.39 34.67 25.75 32.89 22.99 32.37 25.03 36.30 28.63 40.71 29.61 38.44 29.51 33.07 23.31 32.49 25.36 43.86 29.51 34.91 25.26 45.88 36.39 52.78 37.08 42.31 29.83 37.43 28.81 36.69 29.89 30.20 19.86 43.59 28.51 37.99 26.54 31.38 23.55 26.90 19.19 32.09 21.66 47.19 34.88 26.78 17.93 33.48 25.12 26.39 18.38 44.20 36.09 33.84 22.96 33.52 22.76 32.39 25.24 37.15 26.24 25.29 17.72 35.81 26.79 21.11 14.41 37.61 25.68 27.60 22.23 30.29 24.51 37.79 25.50 31.07 23.27 38.37 29.00 24.35 19.50 27.14 21.31 34.90 28.07

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Birds Higher Engineering Mathematics

Authors: John Bird

9th Edition

1000353036, 9781000353037

More Books

Students also viewed these Mathematics questions

Question

1. Identify and control your anxieties

Answered: 1 week ago