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Mathematics, 12.08.2020 04:01 PatienceJenkins891

1) According to Consumer Expenditures, the average consumer spent $1729 on apparel and services in 2017. In 2018, a random sample of 36 consumers had a mean of
$1667.11 and a standard deviation of $351.69. Can it be said that at the 5% level of
significance that the mean level of consumption differed in 2018 with respect to
2017?

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Answers: 1

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