A Local Retail Business Wishes to Determine If There Is

question 88

Multiple Choice

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 (note: there are slight differences between Excel and MegaStat output in this test) : If you use the 5% level of significance, what is the critical t value?

• A) 2.093
• B) 2.086
• C) 1.729
• D) 1.725

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Definitions:

German Marks

The official currency of Germany before the adoption of the euro, used from 1873 to 2002.

Dollar Price

This refers to the cost or value of a good, service, or asset expressed in terms of the United States dollar.

English Pound

The currency of the United Kingdom, which is one of the world's major currencies used for trade and investment.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold, used historically by many countries but largely abandoned today.