Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q-Mart is interested in comparing its male and female customers. Q-Mart would like to know if the amount of money spent by its female charge

Q-Mart is interested in comparing its male and female customers. Q-Mart would like to know if the amount of money spent by its female charge customers differs, on average,from the amount spent byits male charge customers. To answer this question, an analyst collected random samples of 25 female customers and 22 male customers.

Based on these samples, on average, the 25 women charge customers spent $102.23 and the 22 men charge customers spent $86.46. Moreover, the sample standard deviation of the amount charged by the 25 women was $93.393, and the sample standard deviation of the amount charged by the 22 men was $59.695.

Suppose, using a 10% level of significance,you wish to know if there is sufficient evidence for Q-Mart to conclude that, on average, the amount spent by women charge customers differs from the amount spent by men charge customers.

Assuming that the amounts spent by male and female charge customers at Q-Mart are normally distributed, based on the procedure advocated by Bluman, what is the test value that you would use to conduct this test of hypothesis?

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

Probability and Random Processes With Applications to Signal Processing and Communications

Authors: Scott Miller, Donald Childers

2nd edition

123869811, 978-0121726515, 121726517, 978-0130200716, 978-0123869814

More Books

Students also viewed these Mathematics questions