A comparison between a major sporting goods chain and a specialty runners' store was done to find who had lower prices on running shoes. A sample of 27 different shoes was priced (in dollars) at both stores. To test whether the average difference is greater than zero, the hypotheses are as follows: Null Hypothesis: µp s 0, Alternative Hypothesis: µD > 0. If the average difference between the two stores (specialty- chain) is -0.31 with a standard deviation of 9.24, what is the test statistic and p- value? 1) Test Statistic: -0.174, P-Value: 1.138 O 2) Test Statistic: -0.174, P-Value: 0.569 3) Test Statistic: 0.174, P-Value: 0.569 O 4) Test Statistic: -0.174, P-Value: 0.431 5) Test Statistic: 0.174, P-Value: 0.431

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A comparison between a major sporting goods chain and a specialty runners' store
was done to find who had lower prices on running shoes. A sample of 27 different
shoes was priced (in dollars) at both stores. To test whether the average difference is
greater than zero, the hypotheses are as follows: Null Hypothesis: up < 0, Alternative
Hypothesis: µD > 0. If the average difference between the two stores (specialty-
chain) is -0.31 with a standard deviation of 9.24, what is the test statistic and p-
value?
O 1) Test Statistic: -0.174, P-Value: 1.138
O 2) Test Statistic: -0.174, P-Value: 0.569
O 3) Test Statistic: 0.174, P-Value: 0.569
O 4) Test Statistic: -0.174, P-Value: 0.431
5) Test Statistic: 0.174, P-Value: 0.431
Transcribed Image Text:A comparison between a major sporting goods chain and a specialty runners' store was done to find who had lower prices on running shoes. A sample of 27 different shoes was priced (in dollars) at both stores. To test whether the average difference is greater than zero, the hypotheses are as follows: Null Hypothesis: up < 0, Alternative Hypothesis: µD > 0. If the average difference between the two stores (specialty- chain) is -0.31 with a standard deviation of 9.24, what is the test statistic and p- value? O 1) Test Statistic: -0.174, P-Value: 1.138 O 2) Test Statistic: -0.174, P-Value: 0.569 O 3) Test Statistic: 0.174, P-Value: 0.569 O 4) Test Statistic: -0.174, P-Value: 0.431 5) Test Statistic: 0.174, P-Value: 0.431
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