Question: Use either SPSS or Excel software to approach this question. Please provide a step-by-step explanation. 13.31 Do Pinterest shoppers and Facebook shoppers differ with respect

Use either SPSS or Excel software to approach this question. Please provide a step-by-step explanation.

Use either SPSS or Excel software to approach this question. Please providea step-by-step explanation. 13.31 Do Pinterest shoppers and Facebook shoppers differ with

13.31 Do Pinterest shoppers and Facebook shoppers differ with respect to spending behavior? A study of browser-based shopping sessions reported that Pinterest shoppers spent a mean of $153 perorder and Facebook shoppers spent a mean of $85 per order. (Data extracted from bit.ly/14wG1YI.) Suppose that the study consisted of 500 Pinterest shoppers and 500 Facebook shoppers, and the standard deviation of the order value was $150 for Pinterest shop- pers and $80 for Facebook shoppers. Assume a level of signifi- cance of 0.05. a. Is there evidence of a difference in the variances of the order values between Pinterest shoppers and Facebook shoppers? b. Is there evidence of a difference in the mean order value be- tween Pinterest shoppers and Facebook shoppers? c. Construct a 95% confidence interval estimate for the difference in mean order value between Pinterest shoppers and Facebook shoppers

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!