-A company has two branches, one on the East Coast and the other on the West Coast. The mean daily sales of the company on the East Coast, when observed on 100 days, were found to be P250,000 with S1=P35,000. For the company on West Coast, when observed on 200 days, the mean daily sales were P245,000 with S2=P25,000. At the 5 percent level of significance, do the two branches differ in their true mean daily sales? (Assume that the sales in the two branches are normally distributed).
-A company has two branches, one on the East Coast and the other on the West Coast. The mean daily sales of the company on the East Coast, when observed on 100 days, were found to be P250,000 with S1=P35,000. For the company on West Coast, when observed on 200 days, the mean daily sales were P245,000 with S2=P25,000. At the 5 percent level of significance, do the two branches differ in their true mean daily sales? (Assume that the sales in the two branches are normally distributed).
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:5. A company has two branches, one on the East Coast and the other on the West Coast. The
mean daily sales of the company on the East Coast, when observed on 100 days, were found
to be P250,000 with S1=P35,000. For the company on West Coast, when observed on 200
days, the mean daily sales were P245,000 with S2=P25,000. At the 5 percent level of
significance, do the two branches differ in their true mean daily sales? (Assume that the sales
in the two branches are normally distributed).
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