Conclude that is there a difference in the two amounts

Assignment Help Basic Statistics

Reference no: EM13230350

A marketing firm asked a random set of married and single men how much they were willing to spend on a vacation. Is there sufficient evidence at
α = 0.05 to conclude that is there a difference in the two amounts?
Married men Single men
Sample size 50 40
Sample mean $640 $665
Population variance 5700 9100
Possible answers:
No, because the test value -0.07 is inside the critical region
-1.96 < z < 1.96 .
No, because the test value -1.35 is inside the critical region
-1.96 < z < 1.96 .
No, because the test value -1.60 is inside the critical region
-1.96 < z < 1.96 .
No, because the test value -1.60 is outside the critical region
-1.96 < z < 1.96 .

Reference no: EM13230350

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