Question: Is the average amount spent on textbooks per semester by accounting majors significantly different from the average amount spent on textbooks per semester by management

Is the average amount spent on textbooks per semester by accounting majors significantly different from the average amount spent on textbooks per semester by management majors? Answer this question with a 90% confidence interval using the following data from random samples of students majoring in accounting or management. Discuss the assumptions.

Accounting Management Majors Majors Mean Standard deviation Sample size $340 20 40 $285 30 50

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