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eBook The average expenditure on Valentines Day was expected to be $100.89 (USA Today, February 13, 2006). Do male and femal
Today, February 13, 2006). Do male and female consumers differ in the amounts they spend? The average expenditure in a sample
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Answer #1

Solution: We need to construct the 99% confidence interval for the difference between the population means Mi M2. The followi

Therefore, a) The point estimate = 135.67 - 68.64 = 67.03

b) The margin of erroe = 17.07=Zc * SE

c) The 99% ci = ( 49.96,84.1)

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