1. Using information above apply Paired t-test. Currency: Korean WO Number of pe

Question

1. Using information above apply Paired t-test. Currency: Korean WO Number of persons: 50 A. What is your expected expenditure for coffee for a single month? 9,000w, 6000w, 7,000w, 10,000w, 13,000w, 9,000w, 11,000w Sample means 11, 82 total- 591,000w B. What is your expected expenditure for soft drinks for a single month? 2,000w, 6,000w, 2,000w, 5,000w, 4,000w, 5,000w, 3,000w Sample means 7,78 total-389,000w After collection of data for these two questions, we can check the claim whether the customer's expected expenditure for coffee and soft drinks are same or not. For checking this hypothesis we will use paired t test. H,: 0 versus H,: #0

Explanation / Answer

Answer-

Here we have sample means and sample sizes for the two data.

But as Sum of difference of terms squares is not given, we can not calculate the test statistic and thus paires t test can not be conducted unless we have that or the complete data.

Thanks!

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