Question: Amber Sanchez a statistics student collected data on the prices

Amber Sanchez, a statistics student, collected data on the prices of the same items at the Navy commissary on the naval base in Ventura County, California, and a nearby Kmart. The items were matched for content, manufacturer, and size and were priced separately.
a. Report and compare the sample means.
b. Assume that they are a random sample of items, and use a significance level of 0.05 to test the hypothesis that the Navy commissary has a lower mean price. Assume that the population distribution of differences is approximately Normal.

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  • CreatedJuly 16, 2015
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