Question: Please see below Save Submit Assignment for Grading Exercise 10.05 Algo (Inferences About the Difference Between Two Population Means: Sigmas Known) Question 2 of 14

Please see below

Please see below Save Submit Assignment for Grading Exercise 10.05 Algo (Inferences

Save Submit Assignment for Grading Exercise 10.05 Algo (Inferences About the Difference Between Two Population Means: Sigmas Known) Question 2 of 14 > Hint(s) Check My Work USA Today reports that the average expenditure on Valentine's Day was expected to be $100.89. Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 46 male consumers was $138.26, and the average expenditure in a sample survey of 35 female consumers was $60.05. Based on past surveys, the standard deviation for male consumers is assumed to be $31, and the standard deviation for female consumers is assumed to be $12. The z value is 2.576 Round your answers to 2 decimal places. a. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females? b. At 99% confidence, what is the margin of error? c. Develop a 99% confidence interval for the difference between the two population means. to 4 Hint(s) Check My Work

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