A recent study focused on the amount of money single men and women save monthly. The information is summarized below. Assume that the population standard deviations are equal. At the .01 significance level, do women save more money than men? What is the value of the test statistic for this hypothesis test?
A) 6.213
B) 1.728
C) 2.632
D) 2.40
Correct Answer:
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