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Mathematics, 07.10.2021 19:40 allytrujillo20oy0dib

An online retailer wanted to see if purchasing patterns were different between male consumers and female consumers. Males were found to have spent a mean of $85 per month on online purchases, whereas females were found to have spent a mean of $78 per month. An independent samples t-test was conducted to assess the observed difference between the two groups of consumers. A two-tailed test was applied. The value of the t-Test Statistic for the observed differences was -4.7, where the p-value is less than 0.0002. What conclusion can be made about the observed difference?

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