Question

On sheet #3, you will find data on customer gender and purchase value. Treat the entire...

On sheet #3, you will find data on customer gender and purchase value. Treat the entire data set as the sample

Interpret these results

Female Male a. Difference $9.29 Difference $9.29
Mean $157.67 $148.39 Confidence 0.9 Confidence 0.99
St. Dev. 98.88063 95.23869 a 0.1 a 0.01
N 234 166 DF 390 DF 399
z score 1.64 2.58 T Value 1.64877 T Value 2.588207
Variance 9777.379 9070.409
Pooled SD 98.38108 Pooled SD 97.26519
Standard Error 9.983426 Standard Error 9.870189
M.O.E 16.46037 M.O.E 25.54609
Lower ($7.17) Lower ($16.26)
Upper $25.75 Upper $34.83
0 0
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Answer #1

90 % confidence interval of difference between purchase value of female and male is (-7.17 , 25.75)

since confidence interval contains 0

we can conclude that there is not significant difference in purchase value between male and female

similarly for 99% confidence level

(-16.26 , 34.83)

since confidence interval contains 0

we can conclude that there is not significant difference in purchase value between male and female

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