Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified. (If necessary, consult a list of formulas.) (a) State the null hypothesis Ho and the alternative hypothesis H₁. H O Р Ho :O X S ộ H, :

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Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as
specified. (If necessary, consult a list of formulas.)
Español
(a) State the null hypothesis Ho and the alternative hypothesis H₁.
μ
Р
Ho :O
H₁:0
S
ô
▸
0 9
(b) Determine the type of test statistic to use.
Type of test statistic: (Choose one) ▼
(c) Find the value of the test statistic. (Round to three or more decimal places.)
(d) Find the two critical values at the 0.05 level of significance. (Round to three or more decimal places.)
and
(e) At the 0.05 level, can the owner conclude that the mean daily sales of the two stores differ?
OYes No
Continue
O
Type here to search
no
+
1640
4+
|x
X
7
a
030 050 0=0
OOOO >ロ
X 5 ?
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Transcribed Image Text:Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified. (If necessary, consult a list of formulas.) Español (a) State the null hypothesis Ho and the alternative hypothesis H₁. μ Р Ho :O H₁:0 S ô ▸ 0 9 (b) Determine the type of test statistic to use. Type of test statistic: (Choose one) ▼ (c) Find the value of the test statistic. (Round to three or more decimal places.) (d) Find the two critical values at the 0.05 level of significance. (Round to three or more decimal places.) and (e) At the 0.05 level, can the owner conclude that the mean daily sales of the two stores differ? OYes No Continue O Type here to search no + 1640 4+ |x X 7 a 030 050 0=0 OOOO >ロ X 5 ? Ⓒ2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center 59°F Cloudy AGO home delete prt sc backspace 4 Go to Set Submit Assignment Accessibility 11:48 AM 40) 5/2/2022 end lock 00 R 1
SC
Español
The owner of a chain of mini-markets wants to compare the sales performance of two of her stores, Store 1 and Store 2. Sales can vary considerably depending
on the day of the week and the season of the year, so she decides to eliminate such effects by making sure to record each store's sales on the same 8 days,
chosen at random. She records the sales (in dollars) for each store on these days, as shown in the table below.
Day
1
2
3
4
5
6
7
8
Store 1
878
511 837
835
755
241 713
443
D
Store 2
685 412 785
763
480
173
639
287
Difference
(Store 1 - Store 2)
193 99
52
72
275
68
74
156
Send data to calculator V
Based on these data, can the owner conclude, at the 0.05 level of significance, that the mean daily sales of the two stores differ? Answer this question by
performing a hypothesis test regarding μ (which is u with a letter "d" subscript), the population mean daily sales difference between the two stores. Assume
that this population of differences (Store 1 minus Store 2) is normally distributed.
Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as
specified. (If necessary, consult a list of formulas.)
F
O
Р
(a) State the null hypothesis Ho and the alternative hypothesis H₁.
Activate Window
Go to Set Submit Assignment
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Transcribed Image Text:SC Español The owner of a chain of mini-markets wants to compare the sales performance of two of her stores, Store 1 and Store 2. Sales can vary considerably depending on the day of the week and the season of the year, so she decides to eliminate such effects by making sure to record each store's sales on the same 8 days, chosen at random. She records the sales (in dollars) for each store on these days, as shown in the table below. Day 1 2 3 4 5 6 7 8 Store 1 878 511 837 835 755 241 713 443 D Store 2 685 412 785 763 480 173 639 287 Difference (Store 1 - Store 2) 193 99 52 72 275 68 74 156 Send data to calculator V Based on these data, can the owner conclude, at the 0.05 level of significance, that the mean daily sales of the two stores differ? Answer this question by performing a hypothesis test regarding μ (which is u with a letter "d" subscript), the population mean daily sales difference between the two stores. Assume that this population of differences (Store 1 minus Store 2) is normally distributed. Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified. (If necessary, consult a list of formulas.) F O Р (a) State the null hypothesis Ho and the alternative hypothesis H₁. Activate Window Go to Set Submit Assignment Continue Ⓒ2022 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center | Accessibility AC 40 59°F Cloudy 11:47 AM 5/2/2022 O 0 Type here to search end delete 112 O H % & 7 8 hp 9 H O H home lock E 1
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