Use the data provided on the price husband and wife couples are willing to pay for a new car. Conduct a hypothesis test to determine if husbands are willing to spend more money on a new car than their wives. Be prepared to discuss the hypotheses, test statistics, P-values and interpret the results.

Couple	Wife	Husband
1	$35,100	$32,400
2	$27,000	$29,300
3	$38,700	$33,200
4	$21,900	$25,000
5	$27,000	$21,600
6	$31,900	$33,600
7	$20,900	$24,800
8	$24,100	$24,400
9	$31,300	$27,600
10	$28,700	$32,300
11	$31,800	$36,700
12	$25,400	$32,100
13	$24,500	$23,900
14	$28,700	$27,100
15	$23,600	$30,400
16	$32,700	$30,700
17	$23,500	$26,200
18	$25,600	$30,400
19	$24,300	$25,800
20	$34,600	$39,400
21	$25,700	$28,200
22	$35,200	$32,100
23	$34,000	$28,400
24	$20,500	$24,000
25	$30,000	$31,600

Answer rating: 100% (QA)

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