Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on non-textbook purchases at the university's bookstore during the fall semester.
We want to determine if, on the average, students at University A spent more on non-textbook purchases at the university's bookstore than the students at University B.
a.Compute the test statistic.
b.Compute the p-value.
c.What is your conclusion? Let = .05.
Correct Answer:
Verified
b.p-value = 0.03
c....
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