An online retailer wanted to see if purchasing patterns were different between m

Question

An online retailer wanted to see if purchasing patterns were different between male consumers and female consumers. Males were found to have spent a mean of $85 per month on online purchases, whereas females were found to have spent a mean of $78 per month. An independent samples t-test was conducted to assess the observed difference between the two groups of consumers. A two-tailed test was applied. The value of the t-Test Statistic for the observed differences was -4.7, where the p-value is less than 0.0002. What conclusion can be made about the observed difference?

A) There is a statistically significant difference between the two groups of consumers.
B) There is statistically no significant difference between the two groups of consumers.
C) The independent samples t-test is not the appropriate hypothesis-testing procedure.
D) There is not sufficient information to conclude.

Explanation / Answer

We have given

P-value is less than level of significance 0.0002

We know that

We reject H0,

If P-value less than level of significance

We reject null hypothesis. H0

This shows the statistically significant difference between groups.

Ans- [A] there is statistically significant difference between two groups of consumers.

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