Question

A)A manufacture produces both deluxe and standard models of an automatic sander designed for home use. Selling prices obtained from a sample of retail outlets can be found in the "Problem 3" tab. Formulate the hypothesis test to determine if the mean difference between the prices is $7.

B)If alpha = .05 do you accept or reject the null hypothesis?

C)Determine the 95% confidence interval for the data in problem 7.

Outlet	Deluxe	Standard
1	39	27
2	39	28
3	45	35
4	38	30
5	40	30
6	39	34
7	35	29

Answer 1