According to research, holiday shoppers spent an average of $368 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend in 2009. Complete below. E Click the icon to view the data table. a. Retailers were concerned that the recent economic downturn was going to affect holiday sales. Does this sample support these concerns using a = 0.10? Determine the null and alternative hypotheses. Choose the correct answer below. More Info O A. Ho: µ= 368 and H,: µ#368 O B. Ho: H#368 and H1: µ= 368 $428 $268 $363 $242 $222 $222 D OC. Ho: Hs368 and H,: µ> 368 $360 $433 $394 $388 $321 $56 O D. Ho: µ2368 and H4: µ<368 $413 $428 $371 $285 Determine the critical value(s). Print Done The critical value(s) is(are). (Round to three decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic, tç. Click to select your answer(s).

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According to research, holiday shoppers spent an average of $368 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend
in 2009. Complete below.
Click the icon to view the data table.
a. Retailers were concerned that the recent economic downturn was going to affect holiday sales. Does this sample support these concerns using a = 0.10?
Determine the null and alternative hypotheses. Choose the correct answer below.
More Info
A. Ho: µ = 368 and H1: µ ±368
B. Ho: H+368 and H,: µ = 368
$428 $268 $363 $242 $222 $222
C. Ho: Hs 368 and H,: µ> 368
$360 $433 $394 $388 $321 $56
O D. Ho: μ2 368 and H1: μ< 368
$413 $428 $371 $285
Determine the critical value(s).
Print
Done
The critical value(s) is(are)
(Round to three decimal places as needed. Use a comma to separate answers as needed.)
Determine the test statistic, t.
Click to select your answer(s).
Transcribed Image Text:According to research, holiday shoppers spent an average of $368 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend in 2009. Complete below. Click the icon to view the data table. a. Retailers were concerned that the recent economic downturn was going to affect holiday sales. Does this sample support these concerns using a = 0.10? Determine the null and alternative hypotheses. Choose the correct answer below. More Info A. Ho: µ = 368 and H1: µ ±368 B. Ho: H+368 and H,: µ = 368 $428 $268 $363 $242 $222 $222 C. Ho: Hs 368 and H,: µ> 368 $360 $433 $394 $388 $321 $56 O D. Ho: μ2 368 and H1: μ< 368 $413 $428 $371 $285 Determine the critical value(s). Print Done The critical value(s) is(are) (Round to three decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic, t. Click to select your answer(s).
Determine the test statistic, t;.
(Round to two decimal places as needed.)
What conclusion should be drawn?
A. Do not reject the null hypothesis. There is not sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008.
B. Reject the null hypothesis. There is not sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008.
C. Reject the null hypothesis. There is sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008.
D. Do not reject the null hypothesis. There is sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008.
Transcribed Image Text:Determine the test statistic, t;. (Round to two decimal places as needed.) What conclusion should be drawn? A. Do not reject the null hypothesis. There is not sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008. B. Reject the null hypothesis. There is not sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008. C. Reject the null hypothesis. There is sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008. D. Do not reject the null hypothesis. There is sufficient evidence to conclude that holiday shoppers spent, on average, less in 2009 than they did in 2008.
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