Two competing marketing campaigns were implemented for a specific product at two different convenience store locations. Daily unit sales were tracked for 20 days at each location. The results at location 1 were a sample mean of 200 and a sample standard deviation of 40. The results at location 2 were a sample mean of 180 and a sample standard deviation of 30.
Use Minitab to assess whether one marketing campaign should be preferred over another.
Assume equal population variances.
Show a plot that describes the calculation of the p-value.
solution:
4
a)
We have used MINITAB software for this problem,
to test
H0: means are equal
vs
H1: means are not equal
here we assume significance level = 0.05
at significance 0.05 we can see that p-value =0.082 > 0.05
hence we can accept H0 and can say that at 95% confidence the means are equal.
B)
please give me thumb up
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