Please solve with solution for questions the purpose box on the left has choices

Question

Please solve with solution for questions

the purpose box on the left has choices TISETC or TINSETC the purple box on the right has the choices (<,>,=) please pick one for each

The selling prices (in $) 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 0.025 (See exercise 27 on page 458 of your textbook for a similar problem.) Betail StorDelu Standard 19 40 27 34 43 37 42 31 25 29 or the hypothesis stated above (in terms of Delue Standard) Question 1 What is the test statistic? Question 2 What is the conclusion? ? Deluxe-Standard Question 3 What is the p-value? Fillin only one of the following statements. If the Z table is appropriate, p-value If the t table is appropriate, p-value

Explanation / Answer

Delux Standard Difference 39 29 10 32 19 13 40 27 13 33 23 10 34 24 10 43 31 12 37 25 12 42 29 13 Mean 11.625 Std Dev 1.407885953 test statistics 3.053760051 0.998870036 P-Value-Z 0.001129964 P-Value-t 0.00924254 Conclusion P-value z is 0.1% < 2.5% hence we reject null hypothesis Udelex-Ustandard=0 Conclusion P-value t is 0.9% < 2.5% hence we reject null hypothesis Udelex-Ustandard=0

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