This question is about the variable 'Amount Spent, which is the the total amount of money the customer spent at the end of the website visit.. Suppose for the purposes of this question only that historically the population mean amount spent in Heavenly Chocolate's retail stores has been $120. Use the appropriate hypothesis test to determine if there is evidence in the data to conclude that the mean value spent on the website is less than the mean at the retail store at the 0.01 level of significance. Because the p-value is .0144, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0812, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0144, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120.
This question is about the variable 'Amount Spent, which is the the total amount of money the customer spent at the end of the website visit.. Suppose for the purposes of this question only that historically the population mean amount spent in Heavenly Chocolate's retail stores has been $120. Use the appropriate hypothesis test to determine if there is evidence in the data to conclude that the mean value spent on the website is less than the mean at the retail store at the 0.01 level of significance. Because the p-value is .0144, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should reject the null hypothesis and conclude there is enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .9856, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0812, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120. Because the p-value is .0144, we should not reject the null hypothesis and conclude there is not enough evidence to say that the mean amount spent online is less than $120.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please do not give solution in image format thanku
Transcribed Image Text:5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
48
49
50
51
Customer
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
36
39
40
41
42
43
44
45
46
47
48
49
60
Day
Sun
Sun
Sat
Sun
Thu
Sun
Sat
Tun
Tue
Mon
FA
Mon
Tue
Mon
Wed
Fri
Wed
Sun
Sun
Thy
Mon
Thu
Mon
Thu
Wed
Sun
Wed
Sun
Wed
Sun
Fr
Sun
Thu
Thu
Fr
Sun
Tue
FA
Thu
Mon
Sun
Wed
Mon
Tue
Mon
Thu
Tue
Wed
Thu
Thu
Weekend?
Yes
Yes
Yes
Yes
No
Yes
Yes
No
No
No
No
No
No
No
No
No
No
Yes
Yes
No
No
NO
No
No
No
Yes
No
Yes
No
Yes
No
Yes
No
NO
No
Yes
No
No
No
No
Yes
No
No
No
No
No
NO
NO
NO
Browser
Chrome
Chrome
Other
Firefox
Firefox
Other
Firefox
Chrome
Firefox
Chrome
Chrome
Firefox
Other
Chrome
Firefox
Firefox
Other
Firefox
Other
Chrome
Chrome
Chrome
Chrome
Firefox
Other
Chrome
Chrome
Other
Firefox
Firefox
Chrome
Other
Firefox
Frefox
Chrome
Chrome
Other
Chrome
Chrome
Chrome
Other
Firefox
Chrome
Chrome
Chrome
Other
Other
Ovome
Frefox
Time (min)
26.1
32.3
30.3
25.2
334
32
37
31.3
30.3
34.9
38.2
31.5
40.8
19.0
28.9
26.8
20.3
27.6
6
22.2
18
28.3
30.2
26.4
34.6
20.7
37.9
25.3
35.4
11.7
20.1
39.3
25.1
22.7
31.3
25.4
22.8
27.6
27.6
32.7
29.0
22.7
20.1
359
29.3
31.3
27
20.7
357
199
Pages Viewed
4
4
6
4
7
4
5
G
7
5
8
5
7
3
4
7
4
6
2
3
5
•
4
5
4
4
6
4
5
3
4
7
4
3
6
4
4
6
5
6
4
5
4
6
Amount Spent (3)
$59
$158
$145
$56
$160
$118
$126
$143
$127
$147
$162
$95
$148
$99
$107
$141
$69
$136
568
$56
$92
$103
$90
$127
$73
$120
$120
$83
$104
$100
$53
$120
$104
$90
$111
$94
397
$109
598
$145
$58
573
$107
$123
$115
$131
$150
5117
$156
$100
Transcribed Image Text:This question is about the variable 'Amount Spent, which is the the total amount of
money the customer spent at the end of the website visit. . Suppose for the purposes
of this question only that historically the population mean amount spent in Heavenly
Chocolate's retail stores has been $120. Use the appropriate hypothesis test to
determine if there is evidence in the data to conclude that the mean value spent on
the website is less than the mean at the retail store at the 0.01 level of significance.
Because the p-value is .0144, we should reject the null hypothesis and conclude there is
enough evidence to say that the mean amount spent online is less than $120.
Because the p-value is .9856, we should reject the null hypothesis and conclude there is
enough evidence to say that the mean amount spent online is less than $120.
Because the p-value is .9856, we should not reject the null hypothesis and conclude there is
not enough evidence to say that the mean amount spent online is less than $120.
Because the p-value is .0812, we should not reject the null hypothesis and conclude there is
not enough evidence to say that the mean amount spent online is less than $120.
Because the p-value is .0144, we should not reject the null hypothesis and conclude there is
not enough evidence to say that the mean amount spent online is less than $120.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps with 8 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman