A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars) for a random sample of 5 Saturdays during the ski season showed the following results. Is there a significant difference in sales dollars of hats between the west side and east side stores at the 10 percent level of significance? Saturday Sales Data ($) for Ski HatsSaturdayEast Side ShopWest Side Shop15485232493721360969545675105432532 Click here for the Excel Data File (b) State the decision rule for 10 percent level of significance. (Round your answers to 3 decimal places.) (c-1) Find the test statistic tcalc. (Round your answer to 2 decimal places. A negative value should be indicated by a minus sign.) (c-2) What is your conclusion? Ski Hat Sales on Five Consecutive Saturdays (n = 5) SaturdayEast SideWest Side 1548523 2493721 3609695 4567510 5432532

Solution: Let x =East side shop and y =West side shop To find the mean and stadnard deviation for…

Answered: A ski company in Vail owns two ski…

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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Question

A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars) for a random sample of 5 Saturdays during the ski season showed the following results. Is there a significant difference in sales dollars of hats between the west side and east side stores at the 10 percent level of significance?

Saturday	East Side Shop	West Side Shop
Saturday Sales Data ($) for Ski Hats
1	548	523
2	493	721
3	609	695
4	567	510
5	432	532

Click here for the Excel Data File

(b) State the decision rule for 10 percent level of significance. (Round your answers to 3 decimal places.)

(c-1) Find the test statistic t_calc. (Round your answer to 2 decimal places. A negative value should be indicated by a minus sign.)

(c-2) What is your conclusion?

Ski Hat Sales on Five Consecutive Saturdays (n = 5)

Saturday

East Side

West Side

548

523

493

721

609

695