Ron Marks9 visited five supermarket chains in New York and New Jersey and compared store- and namebrand
Question:
a. Use the sign test to determine whether or not storebrand items cost less than their name-brand counterparts using α =.01.
b. Use the Wilcoxon signed-rank test to determine if store-brand items cost less than their name-brand counterparts using α = .01.
c. Use the paired-t test to determine if the average cost of store-brand items is less than the average cost of their name-brand counterparts using α = .01.
d. Are the conclusions the same for all three tests? Would you expect them to be? Why or why not?
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Related Book For
Introduction To Probability And Statistics
ISBN: 9781133103752
14th Edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
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