A personal fitness company produces both a deluxe and a standard model of a smoothie blender for home use. Selling prices obtained from a sample of retail outlets are shown below.**Excel File:** data10-27.xlsx**Model Price ($)**| Retail Outlet | Deluxe | Standard | Retail Outlet | Deluxe | Standard ||---------------|--------|----------|---------------|--------|----------|| 1 | 39 | 27 | 5 | 40 | 30 || 2 | 39 | 28 | 6 | 39 | 34 || 3 | 45 | 35 | 7 | 35 | 29 || 4 | 38 | 30 | | | |Round your answers to 2 decimal places.a. The manufacturer's suggested retail prices for the two models show a $10 price differential. Use a 0.05 level of significance and test that the mean difference between the prices of the two models is $10.- **Select your answer:**b. What is the 95% confidence interval for the difference between the mean prices of the two models?- From ______ to ______

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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.2: Representing Data

Problem 1CYU

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