tudents at a major university believe they can save money buying textbooks online rather than at the ocal bookstores. In order to test this theory, they randomly sampled 25 textbooks on the shelves of the ocal bookstores. The students then found the "best" available price for the same textbooks via online etailers. The prices for the textbooks are listed in the following table. Based on the data, is it less xpensive for the students to purchase textbooks from the online retailers than from local bookstores? Use a = 0.01. Let prices at local bookstores represent Population 1 and prices at online retailers epresent Population 2. Textbook Bookstore 1 127 2 51 107 64 138 83 129 88 50 78 111 138 115 3 4 5 6 7 8 9 10 11 12 13 Textbook Prices (Dollars) Online Retailer Textbook 14 15 16 17 18 19 20 21 22 23 24 25 135 51 90 46 125 88 125 92 34 76 95 127 96 Bookstore 53 133 111 90 60 54 118 86 77 56 51 100 Online Retailer 61 130 126 93 67 68 99 84 58 46 34 109 Copy Data tep 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.
tudents at a major university believe they can save money buying textbooks online rather than at the ocal bookstores. In order to test this theory, they randomly sampled 25 textbooks on the shelves of the ocal bookstores. The students then found the "best" available price for the same textbooks via online etailers. The prices for the textbooks are listed in the following table. Based on the data, is it less xpensive for the students to purchase textbooks from the online retailers than from local bookstores? Use a = 0.01. Let prices at local bookstores represent Population 1 and prices at online retailers epresent Population 2. Textbook Bookstore 1 127 2 51 107 64 138 83 129 88 50 78 111 138 115 3 4 5 6 7 8 9 10 11 12 13 Textbook Prices (Dollars) Online Retailer Textbook 14 15 16 17 18 19 20 21 22 23 24 25 135 51 90 46 125 88 125 92 34 76 95 127 96 Bookstore 53 133 111 90 60 54 118 86 77 56 51 100 Online Retailer 61 130 126 93 67 68 99 84 58 46 34 109 Copy Data tep 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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