The manufacturer of an MP3 player wanted to know whether a 10% reduction in price is enough to increase the the sales of its product. To investigate, the owner selected randomly selected eight outlets and sold the MP3 player at reduced price. At seven randomly selected outlets, the MP3 player is sold at regular price. The table below reports both sales numbers at reduced and regular sales price. Regular price 138 121 88 115 141 125 96 Reduced 128 134 price 152 135 114 106 112 120 What is the decision, conclusion and the pooled variance ? Select one: a.Do not reject H evidence of an increase in sales, 0.334 b.Do not reject H, no evidence of an increase in sales,16.46. c.Do not reject H. no evidence of an increase in sales, 16 46 d.Do not reject Hno evidence of an increase in sales, 305.708 e.Reject H, and evidence of an increase in sales, 122278

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The manufacturer of an MP3 player wanted to know whether a 10% reduction in price is enough to
increase the the sales of its product To investigate, the owner selected randomly selected eight
outlets and sold the MP3 player at reduced price. At seven randomly selected outlets, the MP3
player is sold at regular price. The table below reports both sales numbers at reduced and regular
sales price.
Regular
price
138 121
88
115
141
125 96
Reduced 128 134 152 135 114 106 112 120
price
What is the decision, conclusion and the pooled variance ?
Select one
a.Do not reject H evidence of an increase in sales, 0.334
b.Do not reject H, no evidence of an increase in sales,16.46.
c.Do not reject H. no evidence of an increase in sales, 16 46
d.Do not reject Hno evidence of an increase in sales, 305.708
e Reject H, and evidence of an increase in sales 1222 78
Transcribed Image Text:The manufacturer of an MP3 player wanted to know whether a 10% reduction in price is enough to increase the the sales of its product To investigate, the owner selected randomly selected eight outlets and sold the MP3 player at reduced price. At seven randomly selected outlets, the MP3 player is sold at regular price. The table below reports both sales numbers at reduced and regular sales price. Regular price 138 121 88 115 141 125 96 Reduced 128 134 152 135 114 106 112 120 price What is the decision, conclusion and the pooled variance ? Select one a.Do not reject H evidence of an increase in sales, 0.334 b.Do not reject H, no evidence of an increase in sales,16.46. c.Do not reject H. no evidence of an increase in sales, 16 46 d.Do not reject Hno evidence of an increase in sales, 305.708 e Reject H, and evidence of an increase in sales 1222 78
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