You are the product manager for Carl's ice cream. The company president asked you to determine...

 

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You are the product manager for Carl's ice cream. The company president asked you to determine if Carl's ice cream has equal sales as Ole ice cream, which is a strong competitor. The table below contains weekly sales for competing brands for randomly selected 4 approximately equal size stores that did not follow a normal distribution. (Use two digits after deimal point) Carl's Sales Ole Sales 1500 2000 1700 2500 1800 2500 1700 2300 а. Is there a difference between mean sales at a=5%? Но: H;: Since test statistic = is than critical value = we and Therefore mean sales are b. Can it be concluded at 5% significance level that the population median sales for Carl's ice cream exceeds 1600? Họ: H;: test statistic = Since a=0.05 is than the p-value = and There is we You are the product manager for Carl's ice cream. The company president asked you to determine if Carl's ice cream has equal sales as Ole ice cream, which is a strong competitor. The table below contains weekly sales for competing brands for randomly selected 4 approximately equal size stores that did not follow a normal distribution. (Use two digits after deimal point) Carl's Sales Ole Sales 1500 2000 1700 2500 1800 2500 1700 2300 а. Is there a difference between mean sales at a=5%? Но: H;: Since test statistic = is than critical value = we and Therefore mean sales are b. Can it be concluded at 5% significance level that the population median sales for Carl's ice cream exceeds 1600? Họ: H;: test statistic = Since a=0.05 is than the p-value = and There is we

Answer rating: 100% (QA)

a To test that is there any difference between mean sales at 5 significance The hypothesis can be f... View the full answer