The Cranston Hardware Company Is Interested in Estimating the Difference

question 63

True/False

The Cranston Hardware Company is interested in estimating the difference in the mean purchase for men customers versus women customers. It wishes to estimate this difference using a 95 percent confidence level. Assume that the variances are equal and the populations normally distributed. The following data represent independent samples from each population: Based on these data, the company can conclude that there is a statistical difference between men and women with regard to mean spending at the hardware store with men tending to spend more on average than women.

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