Question: Use StatCrunch to test whether there exists a difference in prices in France versus Italy at =0.05 (i) State the hypotheses that you want to
Use StatCrunch to test whether there exists a difference in prices in France
versus Italy at =0.05
(i) State the hypotheses that you want to test.
(ii) Record the value of the test statistic and its p-value.
.05?
(iii) What do you conclude for the test at =0
Data:
France Italy
1375 910
1399 935
1450 1160
1270 800
970 910
1350 1020
925 1020
875 860
1000 850
1120 873
1130 1300
1200 1100
830 795
1300 1220
1220 985
925 1060
885 1040
1560 925
1380 1450
1250 1350
900 1280
900 1160
1150 975
1440 950
930 795
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