Do shoppers at the mall spend more money on average the day

Last updated: 5/7/2023

Do shoppers at the mall spend more money on average the day after Thanksgiving compared to the day after Christmas The 58 randomly surveyed shoppers on the day after Thanksgiving spent an average of 127 Their standard deviation was 43 The 52 randomly surveyed shoppers on the day after Christmas spent an average of 112 Their standard deviation was 32 What can be concluded at the a 0 05 level of significance For this study we should use Select an answer a The null and alternative hypotheses would be Ho Select an answer H Select an answer Select an answer Select an answer b The test statistic c The p value d The p value is a e Based on this we should f Thus the final conclusion is that Select an answer Select an answer please show your answer to 3 decimal places Please show your answer to 4 decimal places Select an answer the null hypothesis The results are statistically insignificant at a 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 insignificant at a 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 a 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 significant at a 0 05 so there is sufficient evidence to conclude that the mean expenditure for the 58 day after Thanksgiving shoppers that were observed is more than the mean expenditure for the 52 day after Christmas shoppers that were observed