Solution) Independent random samples taken on two university campuses revealed the following information conce
Question: Independent random samples taken on two university campuses revealed the following information concerning the average amount of money spent on textbooks during the fall semester.
| University A | University B | |
| Sample Size | 50 | 40 |
| Average Purchase | $260 | $250 |
| Population Standard Deviation(s) | $20 | $23 |
We want to determine if, on the average, students at University A spent more on textbooks then the students at University B.
a. Compute the test statistic.
b. Compute the p-value.
c. What is your conclusion? Let a = .05.
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Type of Deliverable: Word Document
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