Based on these data the company can conclude that there is

Assignment Help Basic Statistics

Reference no: EM13638372

The Cranston Hardware Company is interested in estimating the difference in the mean purchase for men customers versus women customers. It wishes to estimate this difference using a 95 percent confidence level. Assume that the variances are equal and the populations normally distributed. The following data represent independent samples from each population:

Men	Women
16.49	17.21
33.34	17.46
20.18	15.65
26.39	10.67
28.03	14.07
26.02	19.61
16.08	15.90
32.27	11.17
21.66	24.66
32.32	13.35
29.79	20.87
33.37	22.57

Based on these data, the company can conclude that there is a statistical difference between men and women with regard to mean spending at the hardware store with men tending to spend more on average than women.

Reference no: EM13638372

Questions Cloud

What differentiates ratio data from data that are only : what differentiates ratio data from data that are only

What is the probability of having a length of gestation : what is the probability of having a length of gestation less than or equal to 36 weeks given that an infant is low

Each statement identifies a dependent variable and one : each statement identifies a dependent variable and one independent variable that might be used in a simple linear

A study was recently conducted at a major university to : a study was recently conducted at a major university to determine whether there is a difference in the proportion of

Based on these data the company can conclude that there is : the cranston hardware company is interested in estimating the difference in the mean purchase for men customers versus

A factory produces 1400 beams a day which are on average 25 : a factory produces 1400 beams a day which are on average 2.5 defective. find the probability out of 70 beams inspected

Bob a manufacturing plant manager is inspecting the : bob a manufacturing plant manager is inspecting the diameters of ball bearings produced by a suspected malfunctioning

The lifespan of an electrical component is assumed to be : the lifespan of an electrical component is assumed to be normally distributed with an average life of 6 years and a

User Account

All Pages