In: Statistics and Probability
A magazine claims that the mean amount spent by a customer at Burger Stop is greater than the mean amount spent by a customer at Fry World. The results for the samples of customer transactions for the two fast food restaurants are given below. At the α =0.01, can you support the magazine’s claim? Assume the population variances are equal
Burger Stop x1= $5.46 s1= $0.89 n1= 22
Fry World x2=$5.12 s2=$0.79 n2=30