Question

Two major computer companies manufacture and sell computer accessories. The prices of 5 randomly selected accessories...

Two major computer companies manufacture and sell computer accessories. The prices of 5 randomly selected accessories are listed below:

Computer Accessory Price Data
Computer Accessory Macrohard Price ($) Pear Computer Price ($)
keyboard 69.68 60.29
mouse 47.96 34.8
speaker 118.72 115.32
modem 118.89 108.54
monitor 431.00 411.19

The quality of the computer accessories for both companies are practically the same because both companies purchase the parts from the same wholesaler. Since the market for these accessories is very competitive, the main reason why one product would be more expensive than another would be due to brand name and the advertizing related to it.

A computer periodical claims that Macrohard products are generally more expensive than Pear Computer products. You plan to do a hypothesis test on this claim where

H0: Macrohard accessories are equal in price to Pear Computer products
Ha: Macrohard accessories are more expensive

You may assume that the differences in prices are normally distributed.

a)Calculate the test statistic (t) that is best suited in conducting this hypothesis test. Give your answer to 2 decimal places.

According to the above data and at a level of significance of 0.1, the claim that Macrohard accessories are more expensive is justifiednot justified given the results of the hypothesis test.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT