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Question 2 (10 marks) The marketing manager of a Home deco company in Australia wants to determine whether outlet location has any effect on their

Question 2 (10 marks)

The marketing manager of a Home deco company in Australia wants to determine whether outlet location has any effect on their sales. Three different outlets are considered: Location A, B and C. A and their sales during last 5 months were recorded. Assume the size of the outlet and price of the product are constant for all stores.

Sales (000)

Location A

Location B

Location C

250

150

230

270

300

200

180

300

250

265

170

300

100

120

370

At the 5% level of significance, is there evidence of a significant difference in mean sales between the various aisle location? Use six steps process of hypothesis testing to answer the question.

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