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A manufacturer produces both a deluxe and a standard model of an automatic sander designed for home use. Selling prices obtained from a sample of
A manufacturer produces both a deluxe and a standard model of an automatic sander designed for home use. Selling prices obtained from a sample of retail outlets follow.
Retail Outlet | Model Price ($) | |
---|---|---|
Deluxe | Standard | |
1 | 39 | 27 |
2 | 39 | 28 |
3 | 44 | 35 |
4 | 38 | 30 |
5 | 40 | 30 |
6 | 39 | 34 |
7 | 35 | 29 |
A) Calculate the value of the test statistic. (Round your answer to three decimal places.)
B) Calculate the p-value. (Round your answer to four decimal places.)
p-value =
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