In: Statistics and Probability
Last week I compared 6 compound bows, this week I want to see if the mean price for a compound bow is less than the mean price of a crossbow. I looked at 6 manufacturers of compound bows with prices of, 1,100, 1,000, 1,149, 999, 1100, 999. I looked at 6 different crossbow manufacturers and they were priced, 949, 1,399, 1,499, 1,099, 999, 1,019. Test with a 0.05 significance level.