Question: 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
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.
Retail
Outlet Model Price ($)
Deluxe Standard
1 39 27
2 38 29
3 45 35
4 38 30
5 40 30
6 39 34
7 34 29
Calculate the value of the test statistic. (Round your answer to three decimal places.)
Calculate the p-value. (Round your answer to four decimal places.)
p-value =
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