A Scale Measuring Confidence in the Media Was Administered to a Sample.Is

question 2

Short Answer

A scale measuring confidence in the media was administered to a sample.Is there a statistically significant difference between Democrats and Republicans on the scale? Higher scores on the scale indicate greater confidence.Use the five step model and write a sentence or two interpreting your results.


$\begin{array} { l l } \underline { \text { Dumacrate } } &\underline { \text { Rydulicinf } } \\ X _ { 1 }= 8.5 & X _ { 2 } = 7.8 \\ s _ { i } = 1.5 & s _ { 1 } = 1.1 \\ N _ { i } = 36 & N _ { 1 } = 35 \end{array}$

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Definitions:

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services provided on credit, yet to be paid.

Accounts Receivable Period

The average number of days it takes for a business to collect payments owed by its customers.

Credit Sales

Sales made by a business for which payment is received at a later date, extending credit to the buyer.

Cash Collections

are the payments received by a company from its customers in exchange for goods or services sold on credit.