SCENARIO 10-16-B
a Survey on Men and Women's Shopping Behavior

question 216

True/False

SCENARIO 10-16-B
A survey on men and women's shopping behavior collected data from a sample of 50 men and 50
women. The following data on online shopping spending every month are stored in the file
Scenario10-16-DataB.XLSX. $$\begin{array} { l r r r r r r r r r r } \text { Men } & 122 & 184 & 220 & 61 & 114 & 293 & 107 & 200 & 242 & 233 \\& 229 & 157 & 203 & 147 & 110 & 217 & 136 & 222 & 206 & 155 \\& 292 & 220 & 210 & 196 & 177 & 212 & 169 & 243 & 240 & 78 \\& 226 & 173 & 152 & 228 & 230 & 162 & 189 & 171 & 184 & 263 \\& 217 & 170 & 191 & 176 & 129 & 241 & 208 & 217 & 251 & 267 \\\text { Women } & 170 & 180 & 167 & 232 & 217 & 145 & 190 & 145 & 200 & 163 \\ & 159 & 138 & 193 & 170 & 165 & 172 & 190 & 127 & 186 & 245 \\& 198 & 186 & 163 & 129 & 158 & 164 & 197 & 182 & 172 & 163 \\& 180 & 168 & 158 & 185 & 166 & 216 & 153 & 146 & 197 & 129 \\& 162 & 202 & 192 & 119 & 197 & 172 & 139 & 167 & 203 & 130\end{array}$$ Treat the men as population 1 and the women as population 2.
-Referring to Scenario 10-16-B, the normality probability plot suggests that
monthly online shopping spending for the women is quite normally distributed.

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Definitions:

Nondiscriminating

Pertaining to market practices or policies that do not differentiate between customers on any basis, often used in the context of uniform pricing.

Unregulated Monopolist

A single seller in a market without government controls, setting prices and output levels at will to maximize profits.

Maximize Profits

The objective of most private firms to increase their bottom line to the highest possible level given their resources and market conditions.

Natural Monopolies

A market condition where due to high infrastructure costs or significant barriers to entry, a single company can supply a product or service more efficiently than multiple competing firms.