Essay
Use the following to answer the questions below:
"Black Friday," which occurs annually the day after Thanksgiving, is one of the biggest shopping days of the year. During the holiday season, many stores created controversy by starting their mega-sales on Thanksgiving itself. In a random sample of 25 individuals who shopped during the Black Friday four-day weekend (Thursday - Sunday), the average amount spent was $399.40 with standard deviation $171.10. The data are displayed in the provided dotplot.
-A natural question would be if more money was spent over the Black Friday weekend than over the previous year's Black Friday weekend (which did not start on Thursday). What information would be necessary to address this question using the paired data difference in means method? How could the data be collected so that the difference in means for two separate groups method would be most appropriate?
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In order to analyze the data as paired, ...View Answer
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