Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Looking atthe results of thep-values, would you reject or fail to reject the null hypotheses (assuming a 0.05 significance level)? What does your decision mean

Looking atthe results of thep-values, would you reject or fail to reject the null hypotheses (assuming a 0.05 significance level)? What does your decision mean for the problem? Would you proceed with changing the design of the box, or would you keep theold design

image text in transcribed
ORDERED PRODUCT SALES (OPS) CONTROL TREATMENT Mean 127.7842 127.7910 Variance 12,545.2667 12,529.6045 Observations 499,707 500,293 Hypothesized Mean Difference 0.0000 Mean Difference 0.0068 % Mean Difference 0.0001 P-value 0.9758 TOTAL UNITS ORDERED (UNITS) CONTROL TREATMENT Mean 5.0076 5.0097 Variance 8.5052 8.5002 Observations 499,707 500,293 Hypothesized Mean Difference 0.0000 Mean Difference 0.0021 % Mean Difference 0.0004 P-value 0.7224

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_2

Step: 3

blur-text-image_3

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

Big Ideas MATH Algebra 2

Authors: Ron Larson, Laurie Boswell

Common Core Curriculum

160840840X, 978-1608408405

More Books

Students also viewed these Mathematics questions