A statistician wants to compare the prices of beef in New York and Los Angeles. He collected
Question:
A statistician wants to compare the prices of beef in New York and Los Angeles. He collected beef prices from 10 supermarkets in each city and recorded the prices.
Can you argue that beef prices are different in the two cities? Do a 5 percent test.
Transcribed Image Text:
Beef price (in dollars per pound) New York 3.05 4.35 3.37 3.42 4.05 Los Angeles 2.95 3.33 3.45 3.50 4.32 New York 4.21 3.72 3.29 3.95 4.95 Los Angeles 4.09 3.85 3.65 3.89 3.76
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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