Question
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
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