Question: what is the formula? Table below shows prices for specific sh product manufactured by two different companies. Null Hypothesis Ho: there is no significant difference

what is the formula?

what is the formula? Table below shows prices for specific sh product

Table below shows prices for specific sh product manufactured by two different companies. Null Hypothesis Ho: there is no significant difference between prices of both wholesalers. Alternative Hypothesis HA: prices of Companyi are higher than Company2. Test Hypothesis at the 5% level. Steps to follow. 0 In the given table add the dcolumn (d = xi X2) and calculate difference for each fish. 0 Find mean and sample standard deviation for numbers in the dicolumn. - Calculate tivalue for test statistics using devalues, for pd use 0, because Null Hypothesis assumes that there is no difference between average prices from two companies. 0 Use online applet https://WWW.socscistatfstics.com/pvalues/tdfstribution.aspx to convert trvalue to psvalue. - Compare psvalue to (x = 0.05 and make the conclusion: does given data support or do not support Ho. Wholesale Prices of Fish in Dollars Company1 Company2 Difference Fish Prices (x1) Prices (x2) Tilapia 6.00 13.99 Salmon 19. 99 22.99 Tuna 28.99 31.99 Swordsh 23.99 23.99

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