The selling price in $ for the deluxe and standard model Ryobi ...
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The selling price in $ for the deluxe and standard model Ryobi wood sanders are shown for a sample of eight retail stores. Does the data suggest the difference in average selling price of the Ryobi models is more than $10 at a=0.01?
Retail Store
Deluxe
Standard
1
41
30
2
41
31
3
45
34
4
31
20
5
35
23
6
40
30
7
33
20
8
33
23
Question 1: What is the test statistic? Question 2: What is the conclusion? Question 3: What is the P value?
8 years ago
Data: n1 = 8 n2 = 8 x1-bar = 37.375 ...
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- ThesellingpriceinforthedeluxeandstandardmodelRyobiwood.doc