According to research, holiday shoppers spent an average of $366 over a holiday weekend in 2008. The accompanying data show the amount spent by a random sample of holiday shoppers during the same weekend in 2009. Complete parts a and b below. Use alpha= .10
The sample data:
$427 |
$268 |
$364 |
$238 |
$217 |
$211 |
|
$358 |
$441 |
$381 |
$394 |
$318 |
$61 |
|
$420 |
$426 |
$373 |
$270 |
A). Determine the null and alternative hypothesis:
B). Determine the critical values
C). Determine the test statistics
D). What conclusions should be drawn?
E). Determine the p-value
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