The marketing manager of a firm that produces laundry products decides to test market a new laundry product in each of the firm's two sales regions. He wants to determine whether there will be a difference in mean sales per market per month between the two regions. A random sample of 1212 supermarkets from Region 1 had mean sales of 85.885.8 with a standard deviation of 7.97.9. A random sample of 1717 supermarkets from Region 2 had a mean sales of 89.789.7 with a standard deviation of 66. Does the test marketing reveal a difference in potential mean sales per market in Region 2? Let μ1μ1 be the mean sales per market in Region 1 and μ2μ2 be the mean sales per market in Region 2. Use a significance level of α=0.05α=0.05 for the test. Assume that the population variances are not equal and that the two populations are normally distributed.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question

The marketing manager of a firm that produces laundry products decides to test market a new laundry product in each of the firm's two sales regions. He wants to determine whether there will be a difference in mean sales per market per month between the two regions. A random sample of 1212 supermarkets from Region 1 had mean sales of 85.885.8 with a standard deviation of 7.97.9. A random sample of 1717 supermarkets from Region 2 had a mean sales of 89.789.7 with a standard deviation of 66. Does the test marketing reveal a difference in potential mean sales per market in Region 2? Let μ1μ1 be the mean sales per market in Region 1 and μ2μ2 be the mean sales per market in Region 2. Use a significance level of α=0.05α=0.05 for the test. Assume that the population variances are not equal and that the two populations are normally distributed.

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE 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