Homework Help is Here – Start Your Trial Now!
Math
Statistics
Question 6 The total sales of a sample of Chain of Retail Stores in Madina and Mallam market, Accra were arranged into the following percentage frequency distribution. Net sales Madina (thousands of GH) Market 1 and under 4 4 and under 7 7 and under 10 10 and under 13 13 and under 16 13 14 40 23 10 Mallam market 8 12 9 11 15 Use the information in the table to answer the following: a) Which of the markets has relatively better mean total sales? b) Which of the markets has the most varying sales? c) Which of the markets is more consistent in its sales? d) Assuming that the population variances from both markets are unequal, is there evidence of a difference in the mean sales between the two markets at 5% significant level?

Question 6 The total sales of a sample of Chain of Retail Stores in Madina and Mallam market, Accra were arranged into the following percentage frequency distribution. Net sales Madina (thousands of GH) Market 1 and under 4 4 and under 7 7 and under 10 10 and under 13 13 and under 16 13 14 40 23 10 Mallam market 8 12 9 11 15 Use the information in the table to answer the following: a) Which of the markets has relatively better mean total sales? b) Which of the markets has the most varying sales? c) Which of the markets is more consistent in its sales? d) Assuming that the population variances from both markets are unequal, is there evidence of a difference in the mean sales between the two markets at 5% significant level?

MATLAB: An Introduction with Applications
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
icon
Related questions
Question
100%
Question 6 The total sales of a sample of Chain of Retail Stores in Madina and Mallam market, Accra were arranged into the following percentage frequency distribution. Net sales Madina (thousands of GHe) Market 1 and under 4 4 and under 7 7 and under 10 10 and under 13 13 and under 16 13 14 40 23 10 Mallam market 8 12 9 11 15 Use the information in the table to answer the following: a) Which of the markets has relatively better mean total sales? b) Which of the markets has the most varying sales? c) Which of the markets is more consistent in its sales? d) Assuming that the population variances from both markets are unequal, is there evidence of a difference in the mean sales between the two markets at 5% significant level?
Transcribed Image Text:Question 6 The total sales of a sample of Chain of Retail Stores in Madina and Mallam market, Accra were arranged into the following percentage frequency distribution. Net sales Madina (thousands of GHe) Market 1 and under 4 4 and under 7 7 and under 10 10 and under 13 13 and under 16 13 14 40 23 10 Mallam market 8 12 9 11 15 Use the information in the table to answer the following: a) Which of the markets has relatively better mean total sales? b) Which of the markets has the most varying sales? c) Which of the markets is more consistent in its sales? d) Assuming that the population variances from both markets are unequal, is there evidence of a difference in the mean sales between the two markets at 5% significant level?
Expert Solution
steps

Step by step

Solved in 5 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS