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PLEASE HELP SOLVE. BLUE AREA IS TO BE TYPED 2 OR 3 DECIMALS WHETHER Z OR T TABLE

ID: 2933106 • Letter: P

Question

PLEASE HELP SOLVE.

BLUE AREA IS TO BE TYPED 2 OR 3 DECIMALS WHETHER Z OR T TABLE IS APPROPRIATE.

PURPLE AREA IS TO BE SELECTED FROM DROP DOWN MENU.

GREEN AREA MUST BE TYPED TO 4 DECIMALS.

PLEASE SHOW STEPS AND LABEL QUESTIONS 1-3 SO I CAN UNDERSTAND THE PROCESS.

THANK YOU!!

Dity-Probm-D.shb-Eocal ormatting Table Styles 11 ANote: Answer the Question(s) by Using the TI-30XA (or other approved) Calculator your answer, then round to four decimals. IMPORTANT: Make sure you carry all declmals until you reach The selling prices lin $) for the deluxe and standard model Ryobi wood sanders are shown for a sample of eight retail stores. Does the data suggest the difference in average selling price of these Ryobi models is more than $10 at a-0.01? (See exercise 27 on page 158 of your textbook for a similar problem.] Relail Store Deluxa 1 For the hrypothess stated sbuve in terms of Deluxe-Stander): what the test statistic? 35 tos the ndus'ur? If the 2 table is aperopriate thettable is aprooniate, Daily Problem 10/2/2017

Explanation / Answer

Solution:

Here, we have to use paired t test for checking the following null and alternative hypotheses:

Null hypothesis: H0: µ1 - µ2 = 10

Alternative hypothesis: Ha: µ1 - µ2 > 10

This is a one tailed test. This is an upper tailed test or right tailed test.

Level of significance for this test is given as = 0.01.

The test statistic formula is given as below:

Test statistic = t = Dbar / [Sd/sqrt(n)]

Calculation table for computing the test statistic is given as below:

Deluxe

Standard

Di

(Di - DBar)^2

45

35

10

83.01234568

42

32

10

83.01234568

31

19

12

50.56790123

38

28

10

83.01234568

38

27

11

65.79012346

44

34

10

83.01234568

30

20

10

83.01234568

37

24

13

37.34567901

From above table, we have

Sample size = n = 8

Degrees of freedom = n – 1 = 8 – 1 = 7

Dbar = 19.1111

Sd = 13.2019

Test statistic = t = 19.1111/[13.2019/sqrt(8)]

Test statistic = t = 19.1111/4.66759243

Test statistic = t = 1.9520

Upper critical value = 1.8946 (by using t-table)

P-value = 0.0459

P-value > = 0.01

So, we do not reject the null hypothesis.

Question 1

Test statistic = 1.9520

Question 2

Do not reject the null hypothesis H0: µdeluxe - µstandard = 10

Question 3

If the t table is appropriate

P-value = 0.0459

Deluxe

Standard

Di

(Di - DBar)^2

45

35

10

83.01234568

42

32

10

83.01234568

31

19

12

50.56790123

38

28

10

83.01234568

38

27

11

65.79012346

44

34

10

83.01234568

30

20

10

83.01234568

37

24

13

37.34567901

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