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 ABCDEFGHIJ 5.94 7.46 3.77 1.73 1.72 283 4.72 3.11 293 3.78 5.98 7.98 3.93 1.73 1.97 2.46 4.76 3.79 2.99 3.66 (a) What type of test should be used? Choose the correct answer below OA. A hypothesis test regarding the difference of two means using a matched-pairs design. OB. A hypothesis test regarding the difference of two means using Welch's approximate t OC. A hypothesis test regarding the difference between two population proportions from independent samples. OD. A hypothesis test regarding two population standard deviations (b) Determine the null and atemative hypotheses. Choose the correct answer below. OA Ho! Mg #0₁ H₁: Pg=0 OB. HHO H₁0 OC H₂H0H₁1420 OD H0H₁0 (c) Use technology to calculate the P-value Round to three decimal places as needed.)
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 ABCDEFGHIJ 5.94 7.46 3.77 1.73 1.72 283 4.72 3.11 293 3.78 5.98 7.98 3.93 1.73 1.97 2.46 4.76 3.79 2.99 3.66 (a) What type of test should be used? Choose the correct answer below OA. A hypothesis test regarding the difference of two means using a matched-pairs design. OB. A hypothesis test regarding the difference of two means using Welch's approximate t OC. A hypothesis test regarding the difference between two population proportions from independent samples. OD. A hypothesis test regarding two population standard deviations (b) Determine the null and atemative hypotheses. Choose the correct answer below. OA Ho! Mg #0₁ H₁: Pg=0 OB. HHO H₁0 OC H₂H0H₁1420 OD H0H₁0 (c) Use technology to calculate the P-value Round to three decimal places as needed.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 6E
Related questions
Question
100%
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 6 steps with 3 images
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,