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In a course on reasoning and decision-making, you heard about a phenomenon called anchoring and adjustment (Epley & Gilovich, 2006; Tversky & Kahneman, 1974). The

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In a course on reasoning and decision-making, you heard about a phenomenon called anchoring and adjustment (Epley \& Gilovich, 2006; Tversky \& Kahneman, 1974). The phenomenon suggests that the way a question is asked can influence the answer people give. Could this phenomenon help increase sales in a grocery store? Specifically, does providing a high anchor to shoppers increase the number of items they buy? You enlist the help of two branches of a neighborhood grocery store chain. The stores are in similar locations with similar demographics and with similar sales figures. One store posts signs advertising a sports drink at the price "10 for $10 " (high anchor). The other store posts signs advertising " 5 for $5 " (low anchor). Both signs also indicate that the price for one bottle is $1. Computerized cash registers recorded the number of bottles purchased by each shopper at each store. The daily sales of sports drinks across a year do form a normal distribution. The number of bottles sold to each shopper at each store are below: Store 1: Low Anchor (5 for $5 ); M1=6.00,SD1=2.39,n1=15 Store 2: High Anchor (10 for $10 ); M2=9.47,S2=3.29,n2=15 Find the two-tailed p-value for the obtained t using the Textbook Calculator. Is the two-tailed p-value evidence against the null hypothesis (i.e., should we reject the null hypothesis or fail to reject the null hypothesis based on the pvalue)? two-tailed p-value = Determine whether we should reject the null hypothesis or fail to reject the null hypothesis? APPENDIX B \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline ort & a=05 & & I & & & = & & a= & ar & a=as & =t \\ \hline 1 & 6.3130 & & 3 & 1.6000 & & s & 1.6ent & 23012 & 74 & & \\ \hline 2 & 20000 & 6.954n & 33 & 1.6924 & & & 1 eeso & 2send & n & 1.0011 & 2.36es \\ \hline 3 & 2.3504 & & 34 & 1.0000 & 2441 & as & neens & 23001r & ss & 1.5000 & 2.3054 \\ \hline 4 & 2.1310 & undes & n & 1.0016 & zar & 6 & t.0603 & 2.304 & wr & 1. 00007 & 23004 \\ \hline 5 & 2.0150 & 3300 & 20 & 1. exses & 2404s & 67 & tesp & 23000 & so & & 23050 \\ \hline 6 & & 3.10 & 3 & 1ent & 20014 & 56 & vere & 2.3064 & & 1.0604 & 2.3064 \\ \hlineT & 1.0346 & zrane & 38 & 1, esto & zease & se & teers & 23016 & 100 & 1.6602 & \\ \hline - & I.eses & 2.axs & 32 & & & & & 23900 & 101 & 1.0001 & 23690 \\ \hline 7 & 1.0091 & 2sin4 & 40 & 1.6690 & 2400 & n & t. ces6 & 23600 & 102 & 1.409 & \\ \hline 10 & 1.812S & 2.7600 & 41 & 1.6ers & 24000 & & 1.eces & zares & 103 & 1,.0500 & 23001 \\ \hline 11 & 1.7053 & & 42 & 1.0620 & 24105 & m & 1.6000 & zares & 104 & 1.0050 & zoser \\ \hline 12 & 1.7823 & 2cos0 & 43 & 1.0611 & 24160 & 74 & 1.0607 & earra & 105 & 1ssos & 2sen \\ \hline 13 & 1.7ren & 20500 & 44 & vesces & 24147 & rs & 1.cos4 & zarrt & 100 & 1.6594 & 23040 \\ \hline 14 & 1.7613 & 20045 & 45 & 1.6rat & zARI & 75 & 1.cos2 & 2.3754 & 107 & 1.0502 & 23017 \\ \hline 15 & 1.7531 & & 46 & 1.6767 & 24104 & n & 1.5042 & zarse & 100 & 1.0591 & 2.3614 \\ \hline 16 & 1,7459 & zsases & 47 & & & & 1.6046 & zarst & 100 & 1.6500 & z.3010 \\ \hline 17 & 1.7300 & 25649 & 46 & 10rre & 2. AGes & & 1.6044 & 23745 & 110 & 1.5005 & zaner \\ \hline 18 & 17341 & 2sin4 & 4 & 1.076 & 2400 & & 1.0041 & zanos & 111 & 1.05ey & 2.3004 \\ \hline 19 & 1.7291 & 28395 & se & 1.0750 & 2+000 & 81 & 1.6093 & 23100 & 112 & & 23001 \\ \hline 20 & 1,7247 & zanto & 51 & 1.6753 & 2+017 & ez & 1.0636 & & 113 & t.eses & z. 3080 \\ \hline 21 & 1,7207 & 2515 & 52 & 1.6747 & 24000 & 8 & 1.ten3 & & 114 & 1.0063 & 2.3595 \\ \hlinen & 1.717 & 25063 & s3 & 1.0741 & 23xas & 8 & 1.6092 & 23716 & 115 & 1.0562 & \\ \hline 2 & 1,7139 & 24909 & 54 & 1.67y & 23014 & as & 1.0690 & 23710 & 118 & 1.6501 & 2.3509 \\ \hline 24 & 17100 & inare & 55 & 16730 & zane! & 04 & 1.0695 & 23 nes & 117 & 1.6580 & 2.3500 \\ \hline & & & & & & & & & & & \\ \hline \end{tabular}

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