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Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers, they want to determine if the average amount spent by men and women at the store is different. They take a random sample of 39 men and 69 women customer. They find that on average, men in their sample spent about $150.63 with a standard deviation of $49.63 when they shopped at the store. On average, women in the sample spent about $332.40 with a standard deviation of $32.04 when they shopped at the store. Using a two-sample t-test, calculate the test statistic (t- statistic) associated with this test (HA: µm – µw + 0) (Your value may be larger than what you are used to see for a test-statistic, that is OK).

Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers, they want to determine if the average amount spent by men and women at the store is different. They take a random sample of 39 men and 69 women customer. They find that on average, men in their sample spent about $150.63 with a standard deviation of $49.63 when they shopped at the store. On average, women in the sample spent about $332.40 with a standard deviation of $32.04 when they shopped at the store. Using a two-sample t-test, calculate the test statistic (t- statistic) associated with this test (HA: µm – µw + 0) (Your value may be larger than what you are used to see for a test-statistic, that is OK).

MATLAB: An Introduction with Applications
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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Please round intermediate numbers to 4 decimal places, and the final answer to 3 decimal places. 

Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers, they want to determine if the average amount spent by men and women at the store is different. They take a random sample of 39 men and 69 women customer. They find that on average, men in their sample spent about $150.63 with a standard deviation of $49.63 when they shopped at the store. On average, women in the sample spent about $332.40 with a standard deviation of $32.04 when they shopped at the store. Using a two-sample t-test, calculate the test statistic (t- statistic) associated with this test (HA: µm – µw + 0) (Your value may be larger than what you are used to see for a test-statistic, that is OK).
Transcribed Image Text:Management at a video game store wants to gain a better understanding of their customers. In order to better manage advertising directed towards different customers, they want to determine if the average amount spent by men and women at the store is different. They take a random sample of 39 men and 69 women customer. They find that on average, men in their sample spent about $150.63 with a standard deviation of $49.63 when they shopped at the store. On average, women in the sample spent about $332.40 with a standard deviation of $32.04 when they shopped at the store. Using a two-sample t-test, calculate the test statistic (t- statistic) associated with this test (HA: µm – µw + 0) (Your value may be larger than what you are used to see for a test-statistic, that is OK).
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