You are a sales manager for a grocery store, and you want to see if the introduction of a new sales promotion will increase the sales in your store. To do so, you decided to create an experiment by giving a small sample of customers the promotion before expanding it to a larger customer base. You gave 18 people the promotion, and also observed the sales of 27 people who did not get the promotion as a control group. You found those who received the promotion to have an average monthly sales of $456.60, with a sample standard deviation of $52.23. You found those who did not receive the promotion had an average monthly sales of $361.46, with a sample standard deviation of $56.11. Suppose you want to use hypothesis testing (two-sample test) to investigate if the promotion has increased the sales of your store. Using the order Hpromotion no promotion in your hypothesis test, what is the value of the test statistic for your analysis? Note: 1- Only round your final answer. Round your final answer to two decimal places.
You are a sales manager for a grocery store, and you want to see if the introduction of a new sales promotion will increase the sales in your store. To do so, you decided to create an experiment by giving a small sample of customers the promotion before expanding it to a larger customer base. You gave 18 people the promotion, and also observed the sales of 27 people who did not get the promotion as a control group. You found those who received the promotion to have an average monthly sales of $456.60, with a sample standard deviation of $52.23. You found those who did not receive the promotion had an average monthly sales of $361.46, with a sample standard deviation of $56.11. Suppose you want to use hypothesis testing (two-sample test) to investigate if the promotion has increased the sales of your store. Using the order Hpromotion no promotion in your hypothesis test, what is the value of the test statistic for your analysis? Note: 1- Only round your final answer. Round your final answer to two decimal places.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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