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# The USA Today reports that the average expenditure on Valentine's Day is \$100.89. Do male and female consumers differ in the amounts they spend?

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The USA Today reports that the average expenditure on Valentine's Day is \$100.89. 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 35 female consumers was \$68.64. Based on past surveys, the standard deviation for male consumers is assumed to be \$31, 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)? E] b. At 99% conﬁdence, what is the margin of error (to 2 decimals)? c. Develop a 99% conﬁdence interval for the difference between the two population means (to 2 decimals). Use z-table.
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