question archive Students believe that the book prices at University B are higher than University A
Students believe that the book prices at University B are higher than University A
Subject:StatisticsPrice: Bought3
Students believe that the book prices at University B are higher than University A. The table below shows the book prices for the same 10 books at both university book stores. To test these theory a hypothesis test will run at a significance level of 0.10.
Book Prices
#1
#2
#3
#4
#5
#6
#7
#8
#9
#10
University A
120
150
119
205
150
75
45
100
79
95
University B
135
150
130
190
155
65
45
120
81
110
B minus A
15
0
11
-15
5
-10
0
20
2
15
Blank #1: Are the samples independent or dependent?
Blank #2: Fill in the blank for the null and alternative hypothesis below. (Hint: The number should be the same for both blanks, so you are only writing a single number in blank #2).
H0: μdiff=Blank #2
Ha: μdiff>blank #2
Blank #3: Find the test statistic and round to 2 decimal places.
Blank #4: State the p-value and round to 4 decimal places.
Blank #5: State the test decision at a significance level of 0.10. (Reject or do not reject)
Blank #6: Evidence (favors or does not favor) that the prices for books is higher at University B.
