Answer Happy

A student group at a university located in the Midwest is conducting a study to determine whether there is a difference between textbook prices for new textbooks sold by the on-campus bookstore and an Internet retailer. A random sample of 10 textbooks was taken, and the campus price and the Internet retailer's price for each textbook were collected. At the 0.05 level of significance, can the student group conclude that there is a difference in average textbook prices for new textbooks sold on campus and over the Internet? Textbook Physics Chemistry Spanish Accounting ICalculus Economics Art Biology History English Internet Price 108 120 110 136 122 123 115 106 114 119 On Campus Price 117 115 114 152 124 139 125 120 119 114 Click here for the Excel Data File. Data file should open in a new browswer window. Select "File" then "Save As" to download the file to your computer and be able to use it in Excel. a. What are the null and alternate hypotheses? (2 points) Ho: (Click to select) (Click to select) O H1: (Click to select) (Click to select) 0 b. What is the level of significance? (1 point) (Round your answer to 2 decimal places.) c. Compute the value of the test statistic? (2 points) (Round your answer to 2 decimal places. Negative values should have a minus sign in front of them) d. Determine the p-value (2 points) (Round your final answer to 4 decimal places.) e. What is your decision regarding the null hypothesis? (1 point) O Reject the null.