Question: B-1)The decision is close ? Not close? B-2) the p-value is? B-3) the new price is better than old one ? (T/F)B-4) the difference is
B-1)The decision is close ? Not close? B-2) the p-value is? B-3) the new price is better than old one ? (T/F)B-4) the difference is significant (T/F)B-5) are you convinced ? Yes or no?

Blue Box is testing a new "half price on Tuesday" policy on DVD rentals at a sample of 10 locations. Location New Price Old Price 13 9 11 J 13 11 14 12 11 8 12 15 13 13 9 8 14 12 10 14 9 Click here for the Excel Data File (a-1) Choose the right option for Hold S 0; H1:Ma> O. Use a = .05. Reject if tcalc 1.833 (a-2) Calculate the value of tcalc. (Round your answer to 2 decimal places.) calc
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
