Question: Question 3 (1 point) In a consumer research study, several Meijer and Walmart stores were surveyed at random and the average basket price was recorded

 Question 3 (1 point) In a consumer research study, several Meijer

Question 3 (1 point) In a consumer research study, several Meijer and Walmart stores were surveyed at random and the average basket price was recorded for each. You wish to determine if the average basket price for Meijer is greater than the average basket price for Walmart. It was found that the average basket price for 18 randomly chosen Meijer stores (group 1) was $48.898 with a standard deviation of $111782. Similarly, a random sample of 21 Walmart stores (group 2) had an average basket price of $52112 with a standard deviation of $133146. Perform a two independent samples t-test on the hypotheses Null Hypothesis: ul 5 H2, Alternative Hypothesis: pl > #2- What is the test statistic and p-value of this test? You can assume that the standard deviations of the two populations are statistically similar. 0 1) Test Statistic: 0.808, P-Value: 0.7879 0 2) Test Statistic: -0.808, P-Value: 0.2121 0 3) Test Statistic: 0.808, P-Value: 0.2121 ta O 4) Test Statistic: -0.808, P-Value: 1.5758 0 5) Test Statistic: -0.808, P-Value: 0.7879

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