Question 2 Ben also believes that the prices of fishing rods in his local area are more expensive than the average price
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Question 2 Ben also believes that the prices of fishing rods in his local area are more expensive than the average price
Question 2 Ben also believes that the prices of fishing rods in his local area are more expensive than the average price in Sydney. He collects samples of data from his local area and also from Sydney. Is there evidence to support his claim at the 5% level of significance? (The data can be found in the Excel Worksheet Data2) [Note: you will need to produce output in excel using both the t-Test: Two-Sample Assuming Unequal Variances AND t-Test: Two-Sample Assuming Equal Variances tools.] [HINT: When formulating your hypothesis for this question be careful which variable is variable 1 (Sydney) and which is variable 2 (Wollongong), your 6-step hypothesis tests for this question you will use both the Pooled-Variance t-test and the Separate-Variance t-test.]