Is there is a significant difference between the mean sales of the two vendors? Test the claim at 0.01 level of significance

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.3: Arithmetic Sequences And Series
Problem 23E: Find the required means. Insert three arithmetic means between 10and20.
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3. Do the collected data present sufficient evidence to indicate that the average number of vehicles using the parking lot is different from 244? Use 0.01 level of significance and assume that the population is normal. Is there is a significant difference between the mean sales of the two vendors? Test the claim at 0.01 level of significance
Vendor A
Php 345
Php 450
Php 750
Php 800
Php 675
Php 1,250
Php 968
Vendor B
Php 450
Php 760
Php 980
Php 658
Php 455
Php 350
Php 925
Transcribed Image Text:Vendor A Php 345 Php 450 Php 750 Php 800 Php 675 Php 1,250 Php 968 Vendor B Php 450 Php 760 Php 980 Php 658 Php 455 Php 350 Php 925
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