SOLUTION: A local vendor claims that the average price of hair products is comparable to a large, well known online retail outlet. Being the skeptical person that you are, you randomly pri

Algebra ->  Probability-and-statistics -> SOLUTION: A local vendor claims that the average price of hair products is comparable to a large, well known online retail outlet. Being the skeptical person that you are, you randomly pri      Log On


   

Question 579203: A local vendor claims that the average price of hair products is comparable to a large, well known online retail outlet. Being the skeptical person that you are, you randomly price 25 items at both stored and record the data below. At the .05 level of significance, is there evidence of a difference between the mean price of items at the local vendor's store and the online retailer?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
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