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Complete the following business statistics question and its parts (attached) Each ofthree supermarket chains In the Denver area claims to have the lowest overall prices.
"Complete the following business statistics question and its parts" (attached)
Each ofthree supermarket chains In the Denver area claims to have the lowest overall prices. As part of an investigative study on supermarket advertising, a local television station conducted a study by randomly selecting nine grocery items. Then, on the same day, an intern was sent to each of the three stores to purchase the nine items. :rom the receipts, the following data were recorded. Item Super Ralph: Lon-.rblsw: 1 52.29 51.14 55.1? 2 2.18 2.55 1.25 3 3.18 2.1 2.22 -l 26 3.81 5.35 5 3.5 2.7-6 2.lC= 6 2.?- +36 Jr.l5 T 2.38 1.3." +35 8 2.'6 3.15 3.12 9 3.18 2.'5 2.80 [Epicure Click here for the Excel Data File. Required: a-1. State the null hypothesis and the alternate hypothesis. For Treatment (Stores): Null hypothesis a. H02 .114: =' .114; =' -""L b. H01 .114: = I'LJR = ,ILA'L Alternate hypothesis 0 H1: There is no difference in the store means. 0 H1: There is a difference in the store means. a-2. Fer blocks {Items}: 3- Ho: #1 = #2 = #9 b- Ho: #1 r a: e #9 Alternate hypothesis '3' H1: There is no difference in the item means. O H1: There is a difference in the item means. b. What are the test statistics? [Round your answers to 4 decimal places: Treatments Blocks c. What are the Iciulralues?' {Round your answers to 4 decimal places.) Blocks d. Using a 0.05 significance level, what is your decision regarding the null hypotheses? Decision Treatments (Stores) Ho Blocks (Items) Ho e-1. Interpret the result for treatments. The mean prices for each store are e-2. Interpret the result for blocks. The mean prices for items are
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