An experiment was performed to attempt to answer the question of interest posed in Question 12. In the experiment, Israeli college students were randomly assigned to eat in grou of six. Before ordering, half of the groups were told they woul each be responsible for individual meal costs and the other ha were told that the cost would be split equally among the six

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An experiment was performed to attempt to answer the
question of interest posed in Question 12. In the experiment, 48
Israeli college students were randomly assigned to eat in groups
of six. Before ordering, half of the groups were told they would
each be responsible for individual meal costs and the other half
were told that the cost would be split equally among the six
people at the table. The cost of meals per person was recorded.
Summary statistics are given below:
Payment Type
Split
Individual
Bill
Sample
24
24
size
Sample
$37.29 $50.92
mean
Sample
$12.54 $14.33
st. dev.
Suppose a 95% confidence interval for usplit - Hindividual is
constructed. What is the value of the best estimate of the
difference in population means? (Subtract "split bill" – “pay
-
individually".) Report your answer to two decimal places. $
Transcribed Image Text:An experiment was performed to attempt to answer the question of interest posed in Question 12. In the experiment, 48 Israeli college students were randomly assigned to eat in groups of six. Before ordering, half of the groups were told they would each be responsible for individual meal costs and the other half were told that the cost would be split equally among the six people at the table. The cost of meals per person was recorded. Summary statistics are given below: Payment Type Split Individual Bill Sample 24 24 size Sample $37.29 $50.92 mean Sample $12.54 $14.33 st. dev. Suppose a 95% confidence interval for usplit - Hindividual is constructed. What is the value of the best estimate of the difference in population means? (Subtract "split bill" – “pay - individually".) Report your answer to two decimal places. $
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