Store Checkout-Scanner Accuracy In a study of store checkout-scanners, 1234 items were checked and 20 of them
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Store Checkout-Scanner Accuracy In a study of store checkout-scanners, 1234 items were checked and 20 of them were found to be overcharges (based on data from
“UPC Scanner Pricing Systems: Are They Accurate?” by Goodstein, Journal of Marketing, Vol. 58). Use a 0.05 significance level to test the claim that with scanners, 1%
of sales are overcharges. (Before scanners were used, the overcharge rate was estimated to be about 1%.) Based on these results, do scanners appear to help consumers avoid overcharges?
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