Do shoppers at the mall spend the same amount of money on average the day after Thanksgiving compared to the day after C

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Do shoppers at the mall spend the same amount of money on average the day after Thanksgiving compared to the day after C

Post by answerhappygod »

Do Shoppers At The Mall Spend The Same Amount Of Money On Average The Day After Thanksgiving Compared To The Day After C 1
Do Shoppers At The Mall Spend The Same Amount Of Money On Average The Day After Thanksgiving Compared To The Day After C 1 (179.07 KiB) Viewed 18 times
Do shoppers at the mall spend the same amount of money on average the day after Thanksgiving compared to the day after Christmas? The 51 randomly surveyed shoppers on the day after Thanksgiving spent an average of $132. Their standard deviation was $42. The 50 randomly surveyed shoppers on the day after Christmas spent an average of $122. Their standard deviation was $27. What can be concluded at the a = 0.10 level of significance? For this study, we should use Select an answer a. The null and alternative hypotheses would be: 'Ho Select an answer Select an answer Select an answer "Ha: Select an answer Select an answer Select an answer b. The test statistic ? = (please show your answer to 4 decimal places.) c. The p-value = (Please show your answer to 4 decimal places.) d. The p-value is ? va e. Based on this, we should Select an answer v the null hypothesis. f. Thus, the final conclusion is that ... The results are statistically significant at a = 0.10, so there is sufficient evidence to conclude that the mean expenditure for the 51 day after Thanksgiving shoppers that were observed is a different amount of money compared to the mean expenditure for the 50 day after Christmas shoppers that were observed. The results are statistically insignificant at a = 0.10, so there is sufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is equal to the population mean amount of money that day after Christmas shoppers spend. The results are statistically insignificant at a = 0.10, so there is insufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is a different amount of money compared to the population mean amount of money that day after Christmas shoppers spend. The results are statistically significant at a = 0.10, so there is sufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is a different amount of money compared to the population mean amount of money that day after Christmas shoppers spend,
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply