ank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportat oceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assu ach account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (popu sing the difference data, the sample mean difference was d = $850, and the sample standard deviation was sa = $1,123, Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the pop ean credit card charges for dining out. 0 μd - Select your answer - # a d - Select your answer - + Use a = 0.05 level of significance. Can you conclude that the population means differ? - Select your answer - hat is the p-value? (to 6 decimals) Which category, groceries or dining out, has a higher population mean annual credit card charge? - Select your answer -
ank of America's Consumer Spending Survey collected data on annual credit card charges in seven different categories of expenditures: transportat oceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assu ach account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (popu sing the difference data, the sample mean difference was d = $850, and the sample standard deviation was sa = $1,123, Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the pop ean credit card charges for dining out. 0 μd - Select your answer - # a d - Select your answer - + Use a = 0.05 level of significance. Can you conclude that the population means differ? - Select your answer - hat is the p-value? (to 6 decimals) Which category, groceries or dining out, has a higher population mean annual credit card charge? - Select your answer -
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 25PFA
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