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In: Statistics and Probability

A survey was conducted to determine whether differences in health care expenditure exist between men and...

A survey was conducted to determine whether differences in health care expenditure exist between men and women. Dataset contains total amounts spent on health care. a. Formulate the hypothesis that can be used to determine whether the sample data support the hypothesis that men and women spend different amounts on health care. b. What is the point estimate of the difference between the means for the two populations? c. Using the p-value and critical value approaches, what is your conclusion at α = 0.05? Make sure to report the p-value and critical values you used.

Men Women
75.45 155.84
1869.44 1420.88
487.22 267.56
1529.57 1843.48
423.12 338.49
279.68 757.35
794.43 442.36
1.13 329.31
56.78 305.57
699.41 514.4
1278.74 1048.98
395.54 526.7
2217.96 2404.58
996.27 622.56
640.77 459.78
1866.03 1777.64
587.89 807.67
520.63 726.32
1477.49 1609.63
392.41 1298.86
1724.05 1350.07
506.07 608.41
1357.56 1155.45
259.9 406.43
432.8 570.8
3033.65 3450
978.01 792.47
1953.09 1828.4
722.98 1069.65
1806.8 2237.03
1031.63 1184.15
822.6 319.43
1828.28 1845.77
2408.31 2734.14
2676.72 2523.3
1870.92 1235.51
2751.37 3183.55
1405.73 1746.62
1530.83 1114.66
1796.1 2091.21
2537.42 2844.19
1291.7 1216.35
1013.79
1443.57
1822.24

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