Project 2 BAUD 3355 900 Fall 2017 Due 12/06/2017 (Wednesday) Project 2 is due at the beginning of class. Use the \"Project 2 data\" data set. You may use Excel to help you with the statistical analysis. Abstract: This dataset contains textbook prices from two different vendors: College Bookstore & Online Retailer. The data set for this experiment is in the excel file \"Project 2 Data\". Answer each of the questions below using hypothesis testing. Follow the seven-step procedure for testing a hypothesis in your text book as a guide for answering the questions. Use a .05 significance level. In each case, calculate the p-value. 1. Is the mean textbook price for the College Bookstore different from 150? 2. Is the mean text book price for the Online Retailer less than 150? 3. Is the mean textbook price for the College Bookstore greater than that for the Online Retailer? Use a pooled t-test. 4. Is the mean textbook price for the College Bookstore greater than that for the Online Retailer? Use a paired difference t-test. Turn in your findings as described below. Generally the report will be graded for clarity (how easy it is to understand you), completeness (no significant gaps in the information provided) and correctness (the values and descriptions are correct). The report will also be graded on adherence to the report standard. The report will be structured as follows Section 1: For each question, provide The null hypothesis The alternate hypothesis The test statistic chosen and test used The critical value and decision rule The P-value Your findings Section 2: Questions 3 and 4 ask for two different approaches to the same question. The results differ. Write a paragraph describing which approach is the most appropriate. You should end with a clear (yes-no) conclusion to the