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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