A random sample of 89 tourists in the Grand Bahamas showed that they spent an average of $2,860 (in a week) with a standard deviation of $126; and a sample of 64 tourists in New Province showed that they spent an average of $2,935 (in a week) with a standard deviation of $138. We are interested in determining if there is any significant difference between the average expenditures of those who visited the two islands?
a.Determine the degrees of freedom for this test.
b.Compute the test statistic.
c.Compute the p-value.
d.What is your conclusion? Let = .05.
Correct Answer:
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b.Test statistic t = -3....
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