Question: You may need to use the appropriate technology to answer this question. A survey collected data on annual credit card charges in seven different categories


You may need to use the appropriate technology to answer this question. A survey collected data on annual credit card charges in seven different categories of expenditures: transportation, groceries, dining out, household expenses, home furnishings, apparel, and entertainment. Using data from a sample of 42 credit card accounts, assume that each account was used to identify the annual credit card charges for groceries (population 1) and the annual credit card charges for dining out (population 2). Using the difference data, with population 1 - population 2, the sample mean difference was d = $850, and the sample standard deviation was so = $1,126. (a) Formulate the null and alternative hypotheses to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out. Ho : H d SO OHa: Hd > O Ho: Hd = 0 O Ha: Hd = 0 Ho : H d # 0 O Ha: Hd = 0 Ho : Hd
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