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Author Question: Which supermarket has the lowest prices in town? All claim to be cheaper, but an independent agency ... (Read 62 times)

V@ndy87

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Which supermarket has the lowest prices in town? All claim to be cheaper, but an independent agency recently was asked to investigate this question. The agency randomly selected 100 items common to each of two supermarkets (labeled A and B) and recorded the prices charged by each supermarket. The summary results are provided below:

    A = 2.09     B = 1.99       = .10
    sA = 0.22     sB = 0.19     sd = .03

Assuming a matched pairs design, which of the following assumptions is necessary for a confidence interval for the mean difference to be valid?
◦ The population of paired differences has an approximate normal distribution.
◦ The samples are randomly and independently selected.
◦ None of these assumptions are necessary.
◦ The population variances must be equal.


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Marked as best answer by V@ndy87 on Feb 14, 2020

Anonymous

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V@ndy87

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Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)


rachel

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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