Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question: Use this excel file as it has the numbers in it: https://secure.parsa.com/index.php/s/5PdZyPAf2eeHNxq A data set called food_test.xlsx contains four food categories as well as

Question:

Use this excel file as it has the numbers in it:

https://secure.parsa.com/index.php/s/5PdZyPAf2eeHNxq

image text in transcribedimage text in transcribed
A data set called food_test.xlsx contains four food categories as well as the sales amount in dollars. Is there a convincing evidence that the average Bar sales are lower than the average Cookies sales? Your hypothesis test result suggests O a) You should reject the null, since the tvalue based on the sample data is -4.31 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are lower than the average Cookie sales at 5% significance level. 0 b) You should not reject the null, since the tvalue based on the sample data is -4.37 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are lower than the average Cookie sales at 5% significance level. 0 c) You should not reject the null, since the tvalue based on the sample data is -4.31 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are higher than the average Cookie sales at 5% significance level. Is there a convincing evidence that the average Bar sales are lower than the average Cookies sales? Your hypothesis test result suggests O a) You should reject the null, since the tvalue based on the sample data is -4.31 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are lower than the average Cookie sales at 5% significance level. 0 b) You should not reject the null, since the tvalue based on the sample data is -4.37 and the corresponding p-value is 0.00001, 50 you can conclude that the average Bar sales are lower than the average Cookie sales at 5% significance level. 0 c) You should not reject the null, since the tvalue based on the sample data is -4.31 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are higher than the average Cookie sales at 5% significance level. Q d) You should reject the null, since the tvalue based on the sample data is -4.37 and the corresponding p-value is 0.00001, so you can conclude that the average Bar sales are lower than the average Cookie sales at 5% significance level

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

Beginning & Intermediate Algebra (Subscription)

Authors: Elayn Martin Gay

6th Edition

0134305124, 9780134305127

More Books

Students also viewed these Mathematics questions