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May 26, 2024

Statistics Question

Part 1: Do social shoppers differ from other online consumers with respect to spending behavior? A study of browser-based shopping sessions reported that social shoppers, consumers who click away from social networks to retail sites or share an item on a social network, spent a mean of $129.66 on a retail site in a 30-day period compared to other online shoppers who spent a mean of $117.03. Suppose that the study consisted of 700 social shoppers and 700 other online shoppers and the standard deviation of the order value was $35 for social shoppers and $13 for other online shoppers. Assume a level of significance of 0.05.

P.S. It only lets me answer 1 part at a time so I would need to respond to each part so I can send the next part.

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