A magazine uses a survey of readers to obtain customer satisfaction ratings for the nation's largest retailers. Each survey respondent is asked to rate a specified retailer in terms of six factors: quality of products, selection, value, checkout efficiency, service, and store layout. An overall satisfaction score summarizes the rating for each respondent with 100 meaning the respondent is completely satisfied in terms of all six factors. Sample data representative of independent samples of Retailer A and Retailer B customers are shown below. Retailer A Retailer B n1 = 25 n2 = 30 x1 = 79 x2 = 71 s1 = 13 s2 = 13.5 (a) Formulate the null and alternative hypotheses to test whether there is a difference between the population mean customer satisfaction scores for the two retailers. (Let ?1 = population mean satisfaction score for Retailer A customers and ?2 = population mean satisfaction score for Retailer B customers.) H0: ?1 − ?2 ≠ 0 Ha: ?1 − ?2 = 0 H0: ?1 − ?2 = 0 Ha: ?1 − ?2 ≠ 0 H0: ?1 − ?2 ≤ 0 Ha: ?1 − ?2 > 0 H0: ?1 − ?2 ≥ 0 Ha: ?1 − ?2 < 0 H0: ?1 − ?2 < 0 Ha: ?1 − ?2 = 0 (b) Conduct the hypothesis test. Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = At a 0.05 level of significance what is your conclusion? Do not reject H0. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H0. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers. Do not Reject H0. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H0. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers. (c) Provide a 95% confidence interval for the difference between the population mean customer satisfaction scores for the two retailers. (Round your answers to two decimal places.) to Which retailer, if either, appears to have the greater customer satisfaction? The 95% confidence interval zero. This suggests that the Retailer A has a population mean customer satisfaction score than Retailer B.

A magazine uses a survey of readers to obtain customer satisfaction ratings for the nation's largest retailers. Each survey respondent is asked to rate a specified retailer in terms of six factors: quality of products, selection, value, checkout efficiency, service, and store layout. An overall satisfaction score summarizes the rating for each respondent with 100 meaning the respondent is completely satisfied in terms of all six factors. Sample data representative of independent samples of Retailer A and Retailer B customers are shown below. Retailer A Retailer B n1 = 25 n2 = 30 x1 = 79 x2 = 71 s1 = 13 s2 = 13.5 (a) Formulate the null and alternative hypotheses to test whether there is a difference between the population mean customer satisfaction scores for the two retailers. (Let ?1 = population mean satisfaction score for Retailer A customers and ?2 = population mean satisfaction score for Retailer B customers.) H0: ?1 − ?2 ≠ 0 Ha: ?1 − ?2 = 0 H0: ?1 − ?2 = 0 Ha: ?1 − ?2 ≠ 0 H0: ?1 − ?2 ≤ 0 Ha: ?1 − ?2 > 0 H0: ?1 − ?2 ≥ 0 Ha: ?1 − ?2 < 0 H0: ?1 − ?2 < 0 Ha: ?1 − ?2 = 0 (b) Conduct the hypothesis test. Find the value of the test statistic. (Round your answer to two decimal places.) Find the p-value. (Round your answer to four decimal places.) p-value = At a 0.05 level of significance what is your conclusion? Do not reject H0. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H0. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers. Do not Reject H0. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H0. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers. (c) Provide a 95% confidence interval for the difference between the population mean customer satisfaction scores for the two retailers. (Round your answers to two decimal places.) to Which retailer, if either, appears to have the greater customer satisfaction? The 95% confidence interval zero. This suggests that the Retailer A has a population mean customer satisfaction score than Retailer B.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Concept explainers

Question

Retailer A	Retailer B
n₁ = 25	n₂ = 30
x₁ = 79	x₂ = 71
s₁ = 13	s₂ = 13.5

(a)

Formulate the null and alternative hypotheses to test whether there is a difference between the population mean customer satisfaction scores for the two retailers. (Let ?₁ = population mean satisfaction score for Retailer A customers and ?₂ = population mean satisfaction score for Retailer B customers.)

H₀: ?₁ − ?₂ ≠ 0

H_a: ?₁ − ?₂ = 0

H₀: ?₁ − ?₂ = 0

H_a: ?₁ − ?₂ ≠ 0

H₀: ?₁ − ?₂ ≤ 0

H_a: ?₁ − ?₂ > 0

H₀: ?₁ − ?₂ ≥ 0

H_a: ?₁ − ?₂ < 0

H₀: ?₁ − ?₂ < 0

H_a: ?₁ − ?₂ = 0

(b)

Conduct the hypothesis test.

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

At a 0.05 level of significance what is your conclusion?

Do not reject H₀. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H₀. There is insufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers. Do not Reject H₀. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.Reject H₀. There is sufficient evidence to conclude that the population mean satisfaction scores differ for the two retailers.

(c)

Provide a 95% confidence interval for the difference between the population mean customer satisfaction scores for the two retailers. (Round your answers to two decimal places.)

Which retailer, if either, appears to have the greater customer satisfaction?

The 95% confidence interval zero. This suggests that the Retailer A has a population mean customer satisfaction score than Retailer B.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 5 steps with 5 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.