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

question 230

Short Answer

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, what is the value of the test statistic when testing whether there
is evidence of a difference in the means of monthly online shopping spending between men and
women if the level of significance is 0.05 based on the conclusion that you have reached in
testing for evidence of a difference in the variances?

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Definitions:

Local Fulfillment

The process of storing and distributing products within close proximity to the end consumer to ensure faster delivery.

Global Distribution Strategy

The planning and execution involved in moving a product from the manufacturer to the end user across international boundaries.

Global Pricing Strategies

Strategies used by companies to determine the appropriate price of their products or services on a global scale, taking into account currency differences, economic conditions, and local laws.

Positioning Strategies

Marketing strategies aimed at establishing a product or brand in a particular segment of the market, influencing consumer perception.