Prices of a 12-ounce latte (including tax) were determined at samples of coffee shops in two cities.
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Prices of a 12-ounce latte (including tax) were determined at samples of coffee shops in two cities. The results were as follows.
Can you conclude that the median price differs between the two cities? Use the α = 0.01 level of significance.
a. State the null and alternate hypotheses.
b. Compute the value of the test statistic.
c. Compute the P-value.
d. State a conclusion.
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