Conduct a two-sample t test on the data (assume equal variances): a. Write the null and alternative
Question:
Conduct a two-sample t test on the data (assume equal variances):
a. Write the null and alternative hypotheses.
b. What is the mean shrink for Store 1? For Store 2?
c. What is the two-tailed p value?
d. Can you reject the null hypothesis?
The dataset given in Table 7.8 shows the monthly shrink rates in stores 1 and 2. Use this dataset (Table 7.8) for this exercise.
Table 7.8
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Related Book For 
Essentials Of Modeling And Analytics Retail Risk Management And Asset Protection
ISBN: 9780367878801
1st Edition
Authors: David B. Speights, Daniel M. Downs, Adi Raz
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