Question

In: Statistics and Probability

To determine the effect of advertising in the Yellow Pages, Bell Telephone took a sample of...

To determine the effect of advertising in the Yellow Pages, Bell Telephone took a sample of 40 retail stores that did not advertise in the Yellow Pages last year but did so this year. The annual sales (in thousands of dollars) for the same store in both years were recorded and are shown below. Bell would like to know if the average sales for this year are greater than the average sales for last year. A) State the Null and Alternative Hypotheses. B) Is this a left-tailed, right-tailed, or two-tailed test? C) Run an appropraite t-test (use 5% level of significance); use cell G27 for your output. D) Change correct p-value to a % and highlight yellow. Make a decision based on your t-test results.

Store # This Year Last Year
1 189 151
2 225 224
3 106 30
4 146 132
5 234 233
6 233 213
7 210 197
8 107 81
9 213 209
10 174 165
11 209 208
12 237 251
13 190 144
14 159 154
15 176 160
16 145 96
17 294 257
18 141 81
19 197 166
20 156 170
21 167 257
22 224 231
23 250 195
24 210 221
25 257 211
26 197 183
27 203 180
28 190 127
29 202 170
30 191 177
31 249 236
32 196 154
33 183 143
34 192 168
35 217 154
36 104 102
37 275 242
38 137 82
39 128 148
40 159 179

Solutions

Expert Solution

Let us denote the difference

d = sales this year - sales last year


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