A survey of 80 men found that an average amount spent on St. Patrick’s Day of $48 with a standard deviation of $20. A similar survey of 75  Women found that they spent an average of $42 with a standard deviation of $16. When testing the hypothesis (at the 10% level of significance) that men  spend more than women on St. Patrick’s Day, if the test  statistic is 2.07 and the critical value is 1.28 then what is your conclusion concerning the no hypothesis? A) reject the null hypothesis Or B) fail to reject the null hypothesis
A survey of 80 men found that an average amount spent on St. Patrick’s Day of $48 with a standard deviation of $20. A similar survey of 75  Women found that they spent an average of $42 with a standard deviation of $16. When testing the hypothesis (at the 10% level of significance) that men  spend more than women on St. Patrick’s Day, if the test  statistic is 2.07 and the critical value is 1.28 then what is your conclusion concerning the no hypothesis? A) reject the null hypothesis Or B) fail to reject the null hypothesis
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A survey of 80 men found that an average amount spent on St. Patrick’s Day of $48 with a standard deviation of $20. A similar survey of 75  Women found that they spent an average of $42 with a standard deviation of $16. When testing the hypothesis (at the 10% level of significance) that men  spend more than women on St. Patrick’s Day, if the test  statistic is 2.07 and the critical value is 1.28 then what is your conclusion concerning the no hypothesis?
A) reject the null hypothesis
Or
B) fail to reject the null hypothesis
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