Do shoppers at the mall spend more money on average the day after Thanksgiving compared to the day after Christmas? The 52 randomly surveyed shoppers on the day after Thanksgiving spent an average of $122. Their standard deviation was $29. The 59 randomly surveyed shoppers on the day after Christmas spent an average of $117. Their standard deviation was $35. What can be concluded at the αα = 0.05 level of significance? Based on this, we should the null hypothesis. Thus, the final conclusion is that ... The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend. The results are statistically insignificant at αα = 0.05, so there is insufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend. The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the mean expenditure for the 52 day after Thanksgiving shoppers that were observed is more than the mean expenditure for the 59 day after Christmas shoppers that were observed. The results are statistically insignificant at αα = 0.05, so there is statistically significant evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is equal to the population mean amount of money that day after Christmas shoppers spend.
Do shoppers at the mall spend more money on average the day after Thanksgiving compared to the day after Christmas? The 52 randomly surveyed shoppers on the day after Thanksgiving spent an average of $122. Their standard deviation was $29. The 59 randomly surveyed shoppers on the day after Christmas spent an average of $117. Their standard deviation was $35. What can be concluded at the αα = 0.05 level of significance? Based on this, we should the null hypothesis. Thus, the final conclusion is that ... The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend. The results are statistically insignificant at αα = 0.05, so there is insufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend. The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the mean expenditure for the 52 day after Thanksgiving shoppers that were observed is more than the mean expenditure for the 59 day after Christmas shoppers that were observed. The results are statistically insignificant at αα = 0.05, so there is statistically significant evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is equal to the population mean amount of money that day after Christmas shoppers spend.
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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Do shoppers at the mall spend more money on average the day after Thanksgiving compared to the day after Christmas? The 52 randomly surveyed shoppers on the day after Thanksgiving spent an average of $122. Their standard deviation was $29. The 59 randomly surveyed shoppers on the day after Christmas spent an average of $117. Their standard deviation was $35. What can be concluded at the αα = 0.05 level of significance?
- Based on this, we should the null hypothesis.
- Thus, the final conclusion is that ...
- The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the population
mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend. - The results are statistically insignificant at αα = 0.05, so there is insufficient evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is more than the population mean amount of money that day after Christmas shoppers spend.
- The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the mean expenditure for the 52 day after Thanksgiving shoppers that were observed is more than the mean expenditure for the 59 day after Christmas shoppers that were observed.
- The results are statistically insignificant at αα = 0.05, so there is statistically significant evidence to conclude that the population mean amount of money that day after Thanksgiving shoppers spend is equal to the population mean amount of money that day after Christmas shoppers spend.
- The results are statistically significant at αα = 0.05, so there is sufficient evidence to conclude that the population
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