Question: Please show work. You may need to use the appropriate technology to answer this question. A manufacturer produces both a deluxe and a standard model

Please show work. You may need to use the

Please show work.

You may need to use the appropriate technology to answer this question. A manufacturer produces both a deluxe and a standard model of an automatic sander designed for home use. Selling prices obtained from a sample of retail outlets follow. Model Price ($) Retail Outlet Deluxe Standard 1 39 27 2 39 29 3 45 36 4 4. 4 38 30 5 40 30 6 39 35 7 35 29 7 (a) The manufacturer's suggested retail prices for the two models show a $10 price differential. Use a 0.05 level of significance and test that the mean difference between the prices of the two models is $10. State the null and alternative hypotheses. (Use Mg = mean price for the deluxe model mean price for the standard model.) O Houd s 10 H: Ad> 10 O Ho: Ug = 10 H:Ads 10 O Hs: Ad* 10 H: A4 = 10 O Ho: > 10 H:

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