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can I get an answer to question (iii)? In one to two complete sentences, summarize and interpret the relevant findings of your analysis in the
can I get an answer to question (iii)? In one to two complete sentences, summarize and interpret the relevant findings of your analysis in the context of the research question i.e., what do the findings suggest about the impact of online?
Product Category Amazon Walmart Nespresso Pi Kitchen/Hous 242.05 225.99 NatureMade Grocery/Cost 17.49 19.97 Crocs - Mens Clothing/Sho 32.95 25.95 Altra Women Clothing/Sho 85.19 82.94 Tracfone 6ON Grocery/Cosi 24.95 19.99 Pero 70Z Grocery/Cose 5.98 5.98 3-Way Gourn Grocery/Cost 49.99 31.27 Marmot Mer Clothing/Sho 120 126 Nectar in a Si Miscellaneou 6.49 7.77 The Essential Miscellaneou 13.98 14.75 DHP Emily Fu Kitchen/Hou: 172.79 189 Huffy Nel Lus Miscellaneou 156.79 119 Celestial Tea, Grocery/Cosi 28.52 27.98 Venus Swirl Grocery/Cost 11.75 12.97 TI-30X IIS Scie Miscellaneou 12.95 12.95 Fitbit Blaze, E Miscellaneou 169 199.95 Pampers Easy Grocery/Cosi 41.25 43.51 Better Home Kitchen/Hou: 27.62 15.49 Zoey Contem Kitchen/Hous 320.17 437.98 Maglite LED I Miscellaneou 25.47 38.99 Vera Wang Cl Kitchen/Hous 124.99 125 Goodyear Wr Miscellaneou 74 126.99 Everest Fann Clothing/Sho 5.9 9.99 Ravel Paris BI Miscellaneou 381 419.28 Peanut M&M Grocery/Cost 8.54 8.98 KODAK PIXPR Miscellaneou 77 77 Gold's Gym Miscellaneou 72 60 Fruit of the L Clothing/Sho 7.47 Speedo Vang Miscellaneou 18.02 17.65 Wilson Thras Miscellaneou 49.95 69.95 6.57 (4) One research question that could be posed using the available data: "Do product prices differ significantly between Amazon.com and Walmart.com and, if so, by how much?" Determine a method that would be appropriate for answering this research question. Using StatCrunch and the available data, perform the statistical procedure deemed appropriate. Hint: You will need to go beyond the exploratory data analysis (i.e., summary statistics and visualizations) in Questions 1-3 above. (1) What method did you use to answer the research question e.g., One-Sample t-Test for Means? (ii) Why did you select this particular method to answer the research question? (iii) In one to two complete sentences, summarize and interpret the relevant findings of your analysis in the context of the research question i.e., what do the findings suggest about the impact of online retailer on product prices? (iv) Consider and, then, suggest how you would approach data collection in the future if you were interested in comparing Amazon.com and Walmart.com product prices for one particular market sector/category within online sales (e.g., Grocery/Cosmetic) during fall 2020Step by Step Solution
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