Question: Need explanation. For Question 1, I have B as the answer, but I do not know how do you determine if the hypothesis is correct

 Need explanation. For Question 1, I have B as the answer,

Need explanation.

For Question 1, I have B as the answer, but I do not know how do you determine if the hypothesis is correct or not?

For Question 2, I have B as the answer.

but I do not know how do you determine if the hypothesisis correct or not? For Question 2, I have B as the

2. A marketing rm asked a random set of married women and married men how much they were willing to spend for jewelry as a present for their spouse. Can the rm conclude, at a = 0.05, that the two groups have a different willingness to spend? Women Men Sample size 9 14 Sample mean $100 $145 Sample standard deviation $44 $18 A) No, because the test value 0.19 is inside the noncritical region 2.262 1.714. B) Their hypothesis may be correct because the test value t = 5.19 > 1.714. C) Their hypothesis may not be correct because the test value t = 0.85 1.714

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!