Question: A software applications company is developing a new financial management package.The developer wants the processing time for the new package to be faster than the

A software applications company is developing a new financial management package.The developer wants the processing time for the new package to be faster than the market leading package which is currently available.The two packages are each tested on the same set of financial problems with the results shown below.Do the data provide sufficient evidence to conclude that the new package provides a different processing time than the current market leading package?Perform the appropriate hypothesis test with a significance level of 0.05.

Problem Processing Time for Mkt leader Processing time for new pkg

1 9.98 9.88

2 9.88 9.86

3 9.84 9.75

4 9.99 9.80

5 9.94 9.87

6 9.84 9.84

7 9.86 9.87

8 10.12 9.86

9 9.90 9.83

10 9.90 9.86

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