A group of marketing students conducted a survey to compare the weekly sales of the two vendors of beauty products in a market. The results of the survey were as follows: Vendor B Vendor A Php 345 Php 450 Php 450 Php 760 Php 750 Php 980 Php 800 Php 658 Php 675 Php 455 Php 1,250 Php 968 Php 350 Php 925 Is there is a significant difference between the mean sales of the two vendors? Test the claim at 0.01 level of significance.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
icon
Related questions
Question
A group of marketing students conducted a survey to compare the weekly sales of
the two vendors of beauty products in a market. The results of the survey were as
follows:
Vendor B
Vendor A
Php 345
Php 450
Php 450
Php 760
Php 750
Php 980
Php 800
Php 658
Php 675
Php 455
Php 1,250
Php 968
Php 350
Php 925
Is there is a significant difference between the mean sales of the two vendors? Test
the claim at 0.01 level of significance.
Transcribed Image Text:A group of marketing students conducted a survey to compare the weekly sales of the two vendors of beauty products in a market. The results of the survey were as follows: Vendor B Vendor A Php 345 Php 450 Php 450 Php 760 Php 750 Php 980 Php 800 Php 658 Php 675 Php 455 Php 1,250 Php 968 Php 350 Php 925 Is there is a significant difference between the mean sales of the two vendors? Test the claim at 0.01 level of significance.
Expert Solution
steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL