A marketing consultant was in the process of studying the perceptions of married couples concerning their weekly food expenditures. He believed that the husband's perception would be higher than the wife's. To judge his belief, he takes a random sample of ten married couples and asks each spouse to estimate the family food expenditure (in dollars) during the previous week. The data are shown below. Can the consultant conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate?
Use the Data Analysis software if you prefer.
Test statistic = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________
Estimate with 95% confidence the population mean difference.
______________

Question

A marketing consultant was in the process of studying the perceptions of married couples concerning their weekly food expenditures. He believed that the husband's perception would be higher than the wife's. To judge his belief, he takes a random sample of ten married couples and asks each spouse to estimate the family food expenditure (in dollars) during the previous week. The data are shown below.  Can the consultant conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate?
Use the Data Analysis software if you prefer.
Test statistic = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________
Estimate with 95% confidence the population mean difference.
______________

Quizplus · Accepted Answer

The Answer of A marketing consultant was in the process of studying the perceptions of married couples concerning their weekly food expenditures. He believed that the husband's perception would be higher than the wife's. To judge his belief, he takes a random sample of ten married couples and asks each spouse to estimate the family food expenditure (in dollars) during the previous week. The data are shown below.  Can the consultant conclude at the 5% significance level that the husband's estimate is higher than the wife's estimate?
Use the Data Analysis software if you prefer.
Test statistic = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________
Estimate with 95% confidence the population mean difference.
______________

A Marketing Consultant Was in the Process of Studying the Perceptions