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A tea store manager claims that Branch A has lower average daily sales compared to Branch B. He recorded the daily sales from a random of 40 days in each tea store. The results are tabulated below. Is there enough evidence to support the claim of the manager? Test the hypothesis at 0.01 level of significance. Branch A Branch B P 15500 P 53 Mean P 17510 Standard Deviation P35 N 40 40 a. Critical value and the rejection region/s b. Compute for the value of test statistic. c. State the decision d. State the conclusion.

A tea store manager claims that Branch A has lower average daily sales compared to Branch B. He recorded the daily sales from a random of 40 days in each tea store. The results are tabulated below. Is there enough evidence to support the claim of the manager? Test the hypothesis at 0.01 level of significance. Branch A Branch B P 15500 P 53 Mean P 17510 Standard Deviation P35 N 40 40 a. Critical value and the rejection region/s b. Compute for the value of test statistic. c. State the decision d. State the conclusion.

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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A tea store manager claims that Branch A has lower average daily sales compared to Branch B. He recorded the daily sales from a random of 40 days in each tea store. The results are tabulated below. Is there enough evidence to support the claim of the manager? Test the hypothesis at 0.01 level of significance. Branch A Branch B P 15500 P 53 Mean P 17510 Standard Deviation P35 N 40 40 a. Critical value and the rejection region/s b. Compute for the value of test statistic. c. State the decision d. State the conclusion.
Transcribed Image Text:A tea store manager claims that Branch A has lower average daily sales compared to Branch B. He recorded the daily sales from a random of 40 days in each tea store. The results are tabulated below. Is there enough evidence to support the claim of the manager? Test the hypothesis at 0.01 level of significance. Branch A Branch B P 15500 P 53 Mean P 17510 Standard Deviation P35 N 40 40 a. Critical value and the rejection region/s b. Compute for the value of test statistic. c. State the decision d. State the conclusion.
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