Question

The selling prices (in $) for the deluxe and standard model Ryobi wood sanders are shown for a sample of eight retail stores. Does the data suggest the difference in average selling price of these Ryobi models is more than $10 at ?=0.025?

The selling prices (in $) for the deluxe and standard model Ryobi wood sanders are shown for a sample of eight retail stores. Does the data suggest the difference in average selling price of these Ryobi models is more than $10 at a-0.025? (See exercise 27 on page 458 of your textbook for a similar problem.) Retalil store Deluxe Standard 41 41 39 31 38 30 28 26 20 28 34 25 36 For the hypothesis stated above (in terms of Deluxe Standard): Question 1 What is the test statistic? Question 2 What is the conclusion? ?Deluxe-Standard Question 3 What is the p-value? Fill in only one of the following statements. If the Z table is appropriate, p-value If the t table is appropriate p-value

Answer 1

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