Please review Section 9.2. A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 100 membership member...


Please review Section 9.2. A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership<br>member shoppers. Suppose a random sample of 100 membership member shoppers who recently made a purchase on the web site yielded a<br>mean amount spent of $60 and a standard deviation of $56. Use technology to solve and include files and/or screen shots.<br>Is there evidence that the population mean amount spent per year on the web site by membership member shoppers is different from $52?<br>a =0.05<br>H:µ= 52<br>H : µ # 52<br>Identify the critical value(s):<br>(Round to two decimal places as needed.)<br>Determine the test statistic:<br>(Round to two decimal places as needed.)<br>State the conclusion:<br>

Extracted text: Please review Section 9.2. A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 100 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $60 and a standard deviation of $56. Use technology to solve and include files and/or screen shots. Is there evidence that the population mean amount spent per year on the web site by membership member shoppers is different from $52? a =0.05 H:µ= 52 H : µ # 52 Identify the critical value(s): (Round to two decimal places as needed.) Determine the test statistic: (Round to two decimal places as needed.) State the conclusion:

Jun 09, 2022
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