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A Local Retail Business Wishes to Determine If There Is

question 47

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A local retail business wishes to determine if there is a difference in preferred indoor temperature between men and women. A random sample of data is collected, with the following results: A local retail business wishes to determine if there is a difference in preferred indoor temperature between men and women. A random sample of data is collected, with the following results:   What is the decision at the 5% level of significance? A)  Since the p-value is large at 0.4752, we fail to reject the null hypothesis and conclude that there is no significant difference in the preferred room temperatures between the sexes. B)  Since the p-value is small at 0.4752, we reject the null hypothesis and conclude that there is a significant difference in the preferred room temperatures between the sexes. C)  Since the calculated t-value is more than the critical t-value, we reject the null hypothesis and conclude that there is a significant difference in the preferred room temperatures between the sexes. D)  Since the calculated t-value is more than the critical t-value, we fail to reject the null hypothesis and conclude that there is a significant difference in the preferred room temperatures between the sexes. E)  There is insufficient information to make a decision. What is the decision at the 5% level of significance?


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