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Question 4 Mitchell, the owner of one of the local fishing stores, wants to analyse the effect of a promotional offer on

Posted: Sun Sep 05, 2021 5:59 pm
by answerhappygod
Question 4 Mitchell The Owner Of One Of The Local Fishing Stores Wants To Analyse The Effect Of A Promotional Offer On 1
Question 4 Mitchell The Owner Of One Of The Local Fishing Stores Wants To Analyse The Effect Of A Promotional Offer On 1 (188.07 KiB) Viewed 89 times
Question 4 Mitchell, the owner of one of the local fishing stores, wants to analyse the effect of a promotional offer on the sales of fishing rods. He collects a sample of data by recording the number of fishing rods sold during one week before the promotional offer, and then for one week during the promotional offer. At the 5% level of significance, test whether the promotional offer increased the sales of fishing rods. (The data can be found in the Excel Worksheet Data4) [Note: you will need to produce output in excel using the t-Test: Paired Two Sample for Means tool] [HINT: When formulating your 6-step hypothesis test for this question you will use The Paired Difference Test]