Answer:
C. With a p-value equal to 0.000, there is statistically significant evidence that the average amount of money spent on hair cuts for women is higher than it is for men.
Explanation:
The P-value, compared to the level of significance, gives us the information to decide if there is statistical evidence or not.
If the P-value is smaller than the level of siginificance, the effect is significant. In this case, with P-value=0.000, it is smaller than any level of significance and we can conclude that there is statistical evidence that there is a difference in the average amount of money spent on haircuts between women and men at UF.
In the output, we have that the t-value is positive. If the Difference is defined as: mu(Female) - mu(Male), we know that the mean spending is higher for women than for men.
Also, the alternative hypothesis is defined as "mu(Female) - mu(Male)>0".
With these, we can conclude the answer is Option C.