Do Pinterest shoppers and Facebook shoppers differ with respect to spending behavior? A study of browser-based shopping sessions reported that Pinterest shoppers spent a mean of $153 per order and...


Do Pinterest shoppers and Facebook shoppers differ with respect to spending behavior? A study of browser-based shopping sessions reported that Pinterest shoppers spent a mean of $153 per order and Facebook shoppers spent a mean of $85 per order. (Data extracted from bit.ly/14wG1YI.) Suppose that the study consisted of 500 Pinterest shoppers and 500 Facebook shoppers, and the standard deviation of the order value was $150 for Pinterest shoppers and $80 for Facebook shoppers. Assume a level of significance of 0.05.


a. Is there evidence of a difference in the variances of the order values between Pinterest shoppers and Facebook shoppers?


b. Is there evidence of a difference in the mean order value between Pinterest shoppers and Facebook shoppers?


c. Construct a 95% confidence interval estimate for the difference in mean order value between Pinterest shoppers and Facebook shoppers.



May 20, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions ยป

Submit New Assignment

Copy and Paste Your Assignment Here