You are the product manager for "Natural Agriculture". The company president asked you to determine if "Natural Agriculture" has equal sales as "Farmers Co.", which is a strong competitor. The table...


You are the product manager for

Extracted text: You are the product manager for "Natural Agriculture". The company president asked you to determine if "Natural Agriculture" has equal sales as "Farmers Co.", which is a strong competitor. The table below contains weekly sales for competing brands for randomly selected 4 approximately equal size stores that did not follow a normal distribution. (Use two digits after deimal point) Natural Farmers Co. Agriculture 2100 2600 1700 1500 1900 1700 1500 2100 Is there a difference between mean sales at a=5%? а. Но: H;: Since test statistic = is than critical value = we and Therefore mean sales are b. Can it be concluded at 5% significance level that the population median sales for Farmers Co. exceeds 1900? Ho: H;: test statistic = Since a=0.05 is than the p-value = and There is evidence to we

Jun 11, 2022
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