A ski company in Vail owns two ski shops, one on the west side and one...

90.2K

Verified Solution

Question

Statistics

A ski company in Vail owns two ski shops, one on the west sideand one on the east side of Vail. Ski hat sales data (in dollars)for a random sample of 5 Saturdays during the 2004 season showedthe following results. Is there a significant difference in salesdollars of hats between the west side and east side stores at the10 percent level of significance?
Saturday Sales Data ($) for Ski Hats
Saturday East SideShop West SideShop
1 572 590
2 440 784
3 613 624
4 550 530
5 459 570
(b) State the decision rule for a 5 percentlevel of significance. (Round your answers to 3 decimalplaces.)

Reject the null hypothesis if t_calc < ( ) ort_calc > ( ).
(c-1) Find the test statistict_calc. (Round your answer to 2 decimalplaces. A negative value should be indicated by a minussign.)
t_calc ( )

Answer & Explanation Solved by verified expert

4.1 Ratings (535 Votes)

East Side Shop X West Side Shop Y 572204304590876164407534247842702736613743044624193655053824530802816459459684570246016Total26342214283098384112Let See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Saturday Sales Data ($) for Ski Hats
Saturday	East SideShop	West SideShop
1	572	590
2	440	784
3	613	624
4	550	530
5	459	570