Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on textbooks during the fall semester. We want to determine if, on the average, students at University A spent more on textbooks then the students at University B.
a.Compute the test statistic.
b.Compute the p-value.
c.What is your conclusion? Let $\alpha$= .05.

Question

Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on textbooks during the fall semester.  We want to determine if, on the average, students at University A spent more on textbooks then the students at University B. 
a.Compute the test statistic.
b.Compute the p-value.
c.What is your conclusion? Let $\alpha$= .05.

Quizplus · Accepted Answer

The Answer of Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on textbooks during the fall semester.  We want to determine if, on the average, students at University A spent more on textbooks then the students at University B. 
a.Compute the test statistic.
b.Compute the p-value.
c.What is your conclusion? Let $\alpha$= .05.

Independent Random Samples Taken on Two University Campuses Revealed the Following