Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 11, Problem 21CE

A recent study focused on the number of times men and women who live alone buy take-out dinner in a month. Assume that the distributions follow the normal probability distribution and the population standard deviations are equal. The information is summarized in the following table.

Chapter 11, Problem 21CE, A recent study focused on the number of times men and women who live alone buy take-out dinner in a

At the .01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month?

  1. State the null and alternate hypotheses.
  2. Compute the test statistic.
  3. Compute the p-value.
  4. What is your decision regarding the null hypothesis?
  5. Interpret the result.

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Statistical Techniques in Business and Economics

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