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Mathematics, 24.03.2020 02:46 villatoroo84502

The average expenditure on Valentine's Day was expected to be $100.89 (USA Today, February 13, 2006). Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 40 male consumers was $135.67, and the average expenditure in a sample survey of 30 female consumers was $68.64. Based on past surveys, the standard deviation for male consumers is assumed to be $35, and the standard deviation for female consumers is assumed to be $20.a. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females (to 2 decimals)?

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