Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Each of the three supermarket chains in Denver are claims to have to lower overall prices.As part of an investigative study, a local media television

Each of the three supermarket chains in Denver are claims to have to lower overall prices.As part of an investigative study, a local media 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.From the receipts, the following data were recorded:click hereto access the table containing the data. Please provide your answers in the space provided below.Also attach the excel worksheet that shows the details of your answer.

a)What are the null and alternate hypotheses?

b)What are the test statistics?

c)What are the p-values?

d)Using a 0.05 significance level, what is your decision regarding the null hypotheses?

e)Interpret the result.

image text in transcribed
Final Exam Q1.xIsx - Excel File Home Insert Page Layout Formulas Data Review View Add-ins Team Tell me what you want to do.. do Cut Calibri Copy - 12 - A A Eff Wrap Text General Normal Bad Good Neutral Calculation Paste BIU - - LA- Merge & Center Conditional Format as Check Cell Explanatory ... Input Linked Cell Note Format Painter Formatting Table Clipboard Font Alignment Number Styles K18 X V B D E F G H K M N O P Q R S T U V W Store tem Price Item Super$ Ralph's Lowblaws A W N Super$ 1 1.12 1 $1.12 $1.02 $1.07 Super$ UPWN 1.14 W N 1.14 1.1 1.21 Super$ 1.72 1.72 1.97 2.08 Super$ 2.22 2.22 2.09 2.32 Super$ 2.4 2.4 2.1 2.3 Super$ 1.04 4.04 4.32 4.15 LD CO Super$ 5.05 7 5.05 4.95 5.05 Super$ 4.68 4.68 4.13 4.67 10 Super$ 5.52 5.52 5.46 5.86 11 Ralph's 1.02 12 Ralph's 1.1 13 Ralph's 1.97 14 Ralph's 2.09 15 Ralph's 2.1 16 Ralph's 4.32 17 Ralph's 4.95 18 Ralph's 4.13 19 Ralph's 5.46 20 owblaws 1.07 21 Lowblaws 1.21 22 lowblaws 2.08 23 owblaws OUI AWN PU 2.32 24 owblaws 2.3 25 owblaws 4.15 26 Lowblaws 5.05 27 owblaws 4.67 28 Lowblaws LD 00 5.86 29 30 31 32 33 34 35

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus

Authors: Michael Sullivan

10th Global Edition

ISBN: 1292121772, 1292121777, 978-1292121772

More Books

Students also viewed these Mathematics questions