Question

The marketing manager of a firm that produces laundry products decides to test market a new laundry product in each of the firm's two sales regions. He wants to determine whether there will be a difference in mean sales per market per month between the two regions. A random sample of 16 supermarkets from Region 1 had mean sales of 82.5 with a standard deviation of 6.4. A random sample of 12 supermarkets from Region 2 had a mean sales of 78.4 with a standard deviation of 6.5. Does the test marketing reveal a difference in potential mean sales per market in Region 2? Let μ1 be the mean sales per market in Region 1 and μ2 be the mean sales per market in Region 2. Use a significance level of α=0.05 for the test. Assume that the population variances are not equal and that the two populations are normally distributed.

Step 2 of 4:

Compute the value of the t test statistic. Round your answer to three decimal places

Answer 1