Is there a significant difference between the mean sales of the two vendors? Test the claim at 0.05 level of significance.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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PROBLEM 2: The marketing students conducted a survey to compare the two-week sales
/ days per week) of the two vendors of seafood products in Market ABC. The results of
survey are shown in the table below.
Vendor A
Vendor B
ni = 13
X1 85,000
S1 23.000
Is there a significant difference between the mean sales of the two vendors? Test the claim
at 0.05 level of significance.
n2 = 13
X2 = 77,000
S2 27,000
Formulate the hypothesis
12. Ho:
13. НА:
14. Given:
16. Solve for t:
X3 =
S2 =
12 =
a =
17.t=
15. Test statistics:
18. d. f. =
19. Solve the critical value (te)
-3
3
20. Те.
22. Interpretation:
21.
Transcribed Image Text:PROBLEM 2: The marketing students conducted a survey to compare the two-week sales / days per week) of the two vendors of seafood products in Market ABC. The results of survey are shown in the table below. Vendor A Vendor B ni = 13 X1 85,000 S1 23.000 Is there a significant difference between the mean sales of the two vendors? Test the claim at 0.05 level of significance. n2 = 13 X2 = 77,000 S2 27,000 Formulate the hypothesis 12. Ho: 13. НА: 14. Given: 16. Solve for t: X3 = S2 = 12 = a = 17.t= 15. Test statistics: 18. d. f. = 19. Solve the critical value (te) -3 3 20. Те. 22. Interpretation: 21.
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