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please help with hw Do people tend to spend money differently when using a credit card compared to cash? The following data shows a random
please help with hw
Do people tend to spend money differently when using a credit card compared to cash? The following data shows a random sample of credit card purchases and a random sample of cash purchases. m Credit Cash Is there evidence to conclude that people spend money differently when using a credit card compared to cash? Use the a: = 0.06 level. a. State the null and alternative hypotheses. Ho: '? v ? v Select an answer v H]: ? v ?v Selectananswerv b. Find the critical value and sketch the rejection region. Sketch of Rejection Region: 3-240!23-3-2-10123-3-2-I0123 Critical value(s): (If there are two critical values. list both values separated by a comma) c. Find the test statistic. d. Find the p-value. e. Decide: Select an answer V H0 f. Conclusion: At or = 0.06 significance level, there Select an answer v enough evidence to conclude that people spend money differently when using a credit card compared to cashStep by Step Solution
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