Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following information for questions 1 to 5. The Bagel Company wishes to expand to Michigan and needs to decide where to locate its

Use the following information for questions 1 to 5. The Bagel Company wishes to expand to Michigan and needs to decide where to locate its first store. A sample of 45 East Lansing residents (n1) spent an average of $52.87 a month on bagels with a variance of 8.76. A sample of 37 Ann Arbor residents (n2) spent an average of $61.98 a month on bagels with a variance of 9.21. Is there evidence that one area spends more per month than the other? Use = .05.

What is the calculated value of the test statistic?

Question 4 options:

-4.56

-20.54

20.02

-13.49

-13.68

The answer is -13.68 but I have no idea how I can get this

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_2

Step: 3

blur-text-image_3

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

College Algebra

Authors: Robert F Blitzer

7th Edition

013449492X, 9780134453262

More Books

Students also viewed these Mathematics questions