Conduct a paired t test using the data: a. Write the null and alternative hypotheses. b. What
Question:
Conduct a paired t test using the data:
a. Write the null and alternative hypotheses.
b. What is the two-tailed p value?
c. Can you reject the null hypothesis?
The dataset given in Table 7.8 shows the monthly shrink rates in stores 1 and 2. Use this dataset (Table 7.8) for this exercise.
Table 7.8
Transcribed Image Text:
Store 1 1.80% 1.70% 1.75% 1.66% 1.68% 1.90% 1.84% 1.85% 1.65% 1.55% 1.55% 1.90% Store 2 1.43% 1.55% 1.66% 1.68% 1.55% 1.44% 1.65% 1.70% 1.70% 1.65% 1.65% 11.43%
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Related Book For
Essentials Of Modeling And Analytics Retail Risk Management And Asset Protection
ISBN: 9780367878801
1st Edition
Authors: David B. Speights, Daniel M. Downs, Adi Raz
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