- A Student Wants To Determine If There Is A Difference In The Pricing Between Two Stores For Health And Beauty Supplies 1 (476.51 KiB) Viewed 11 times
A student wants to determine if there is a difference in the pricing between two stores for health and beauty supplies.
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A student wants to determine if there is a difference in the pricing between two stores for health and beauty supplies.
A student wants to determine if there is a difference in the pricing between two stores for health and beauty supplies. She recorded prices from both stores for each of 10 different products. Assuming that the conditions for conducting the test are satisfied, determine if there is a price difference between the two stores. Use the a = 0.05 level of significance. Complete parts (a) through (d) below. Store 1 Store 2 A B C D E G H 5.92 7.46 3.75 1.78 1.77 2.85 4.71 3.13 2.93 3.79 IL 5.95 7.99 3.95 1.74 1.99 2.47 4.72 3.72 2.97 3.64 B. Ho Hd=0; H₁: Hd #0 OC. Ho Hd=0; H₁: Hd>0 OD. Ho Hd=0; H₁ H₁ <0 (c) Use technology to calculate the P-value. (Round to three decimal places as needed.)