The conclusion is that there is a difference between the underlying mean future buy rating for companies portrayed as environmentally friendly in the research.
It should be noted that in order to test the population means prices of friendly group, the hypothesis will be:
Null hypothesis: The population mean prices of friendly equals that of harmful group.
Alternative hypothesis: The The population mean prices of friendly differs from that of harmful group.
The test statistic is 2.109. The degree of freedom will be:
= 53 + 59 - 2 = 110
The p value is 0.0372. Therefore, we reject the null hypothesis as the p value is less than the critical value.
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