You're a data analyst for an insurance company. You want to make sure that your employer is not over-paying for car repairs. To investigate this, you bring 40 different cars to two different garages, Bubba's Hubcap Heaven and Repair, and Merle's Motor Shop. Some of the cars need lots of repairs. Some of the cars need very few. By taking each car to both shops, we can directly compare the two sets of prices. Before running your analysis, be sure to look at the data file and verify that each car requires a different amount of repairs, and that prices in one shop are correlated with prices at the other shop. That is, they're in the same ballpark
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You're a data analyst for an insurance company. You want to make sure that your employer is not over-paying for car repairs. To investigate this, you bring 40 different cars to two different garages, Bubba's Hubcap Heaven and Repair, and Merle's Motor Shop. Some of the cars need lots of repairs. Some of the cars need very few. By taking each car to both shops, we can directly compare the two sets of prices.
Before running your analysis, be sure to look at the data file and verify that each car requires a different amount of repairs, and that prices in one shop are
The question is whether one tends to charge more, on average, than the other. Your task is to use Excel to test the research hypothesis that prices are different in the two shops; the null hypothesis is that prices are equal between the two shops. You test at the alpha = 0.05 significance level.
What do you conclude? Are prices the same? Who has higher prices?
Group of answer choices
You do not reject the null hypothesis; Merle and Bubba charge the same.
You reject the null hypothesis; Merle and Bubba charge the same.
You reject the null hypothesis; prices are different. Bubba charges more than Merle.
You reject the null hypothesis; prices are different. Merle charges more than Bubba.
cost | e1 | e2 | Bubba | Merle |
5366 | 709 | 793 | 6075.00 | 6158.00 |
4383 | 832 | 1103 | 5214.00 | 5486.00 |
6123 | 983 | 602 | 7106.00 | 6725.00 |
4416 | 564 | 1454 | 4980.00 | 5870.00 |
6998 | 656 | 1179 | 7654.00 | 8177.00 |
5776 | 801 | 839 | 6577.00 | 6615.00 |
3613 | 554 | 764 | 4166.00 | 4377.00 |
3552 | 546 | 1095 | 4098.00 | 4647.00 |
5751 | 1197 | 770 | 6948.00 | 6521.00 |
7306 | 698 | 1452 | 8004.00 | 8759.00 |
8083 | 874 | 1064 | 8956.00 | 9147.00 |
6817 | 932 | 1008 | 7749.00 | 7824.00 |
5795 | 1021 | 748 | 6817.00 | 6543.00 |
5560 | 1267 | 813 | 6828.00 | 6373.00 |
8075 | 795 | 636 | 8870.00 | 8711.00 |
1640 | 830 | 793 | 2470.00 | 2433.00 |
5167 | 1011 | 1328 | 6178.00 | 6495.00 |
4593 | 1335 | 835 | 5928.00 | 5428.00 |
2643 | 1797 | 1106 | 4440.00 | 3749.00 |
4896 | 675 | 327 | 5571.00 | 5223.00 |
6426 | 728 | 1314 | 7154.00 | 7740.00 |
8563 | 719 | 782 | 9282.00 | 9345.00 |
4229 | 267 | 1455 | 4496.00 | 5684.00 |
6809 | 860 | 935 | 7669.00 | 7745.00 |
6532 | 865 | 422 | 7397.00 | 6954.00 |
4447 | 926 | 1002 | 5373.00 | 5450.00 |
8343 | 583 | 949 | 8927.00 | 9292.00 |
4047 | 514 | 1038 | 4561.00 | 5085.00 |
6292 | 1102 | 1466 | 7394.00 | 7758.00 |
5587 | 867 | 908 | 6454.00 | 6495.00 |
6562 | 552 | 801 | 7114.00 | 7363.00 |
8213 | 502 | 1291 | 8715.00 | 9504.00 |
5347 | 751 | 937 | 6098.00 | 6285.00 |
6043 | 271 | 1020 | 6314.00 | 7063.00 |
7767 | 291 | 714 | 8058.00 | 8481.00 |
3634 | 315 | 914 | 3948.00 | 4548.00 |
5437 | 755 | 747 | 6192.00 | 6184.00 |
5928 | 382 | 838 | 6310.00 | 6766.00 |
9431 | 1317 | 393 | 10748.00 | 9824.00 |
6979 | 686 | 1011 | 7665.00 | 7990.00 |
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