Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers,

image text in transcribed
Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers, they want to determine if the average amount spent by men and women at the store is different. They take a random sample of 20 men and 81 women customer. They find that on average, men in their sample spent about $390.60 with a standard deviation of $28.09 when they shopped at the store. On average, women in the sample spent about $253.72 with a standard deviation of $30.99 when they shopped at the store. Using a two-sample t-test, calculate the test statistic (t- statistic) associated with this test (H A : Um - /w / 0) (Your value may be larger than what you are used to see for a test-statistic, that is OK)

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

From Calculus To Analysis

Authors: Steen Pedersen

1st Edition

3319136410, 9783319136417

More Books

Students also viewed these Mathematics questions