The manufacturer of a USB Flash Memory is interested in knowing whether a 15 percent reduction in pr


Question: The manufacturer of a USB Flash Memory is interested in knowing whether a 15 percent reduction in price is enough to increase the sales of their product. In order to investigate, the owner randomly selected ten outlets and sold the USB at the reduced price. At twelve randomly selected outlets, the regular price was charged. Recorded below are the numbers of units sold last month at the randomly selected outlets:

Number of USB Flash Memories
Sold at Discount Price
Number of USB Flash Memories
Sold at Regular Price
140 126 98 152 125 130 188 65 125 87
155 92 158 130 144 110 128 156 85 114
132 92

a. Do these data provide sufficient evidence to indicate that the price reduction resulted in an increase in sales? Assume these two populations have equal variances. (Use α = 0.05.)

b. Determine the p-value in part (a) and interpret its meaning.

c. Use SPSS and Microsoft Excel to solve this problem and compare the computer printout with your answers to previous parts.

d. How would you test part (a) if you could not assume equal variances?

Price: $2.99
See Solution: The solution consists of 4 pages
Deliverables: Word Document

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