Assume you want to know whether the prices of meatballs change during the christmas holiday season. You therefore go to 14 meat-stores before the holiday to check the prices of one kilo of meatballs. In the middle of the holidays, you walk around to the same 14 meat-stores and check the prices again. The results of your research is seen in the table in the picture below. Make a hypothesis test, where you test whether the prices have changed between the two surveys. Use ? = 0.05

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 25CR
icon
Related questions
Question

Assume you want to know whether the prices of meatballs change during the christmas holiday season. You therefore go to 14 meat-stores before the holiday to check the prices of one kilo of meatballs.

In the middle of the holidays, you walk around to the same 14 meat-stores and check the prices again. The results of your research is seen in the table in the picture below.

Make a hypothesis test, where you test whether the prices have changed between the two surveys.

Use ? = 0.05

Meat-store Price before holidays
Price during holidays
1
199
219
189
199
219
189
4
199
199
5
199
199
189
199
7
229
199
8
249
259
249
249
10
199
219
11
189
219
12
239
219
13
239
259
14
199
199
2.
3.
Transcribed Image Text:Meat-store Price before holidays Price during holidays 1 199 219 189 199 219 189 4 199 199 5 199 199 189 199 7 229 199 8 249 259 249 249 10 199 219 11 189 219 12 239 219 13 239 259 14 199 199 2. 3.
Expert Solution
steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Knowledge Booster
Research Ethics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell