In: Statistics and Probability
Iphone users: randomely selexts 16 individuas. The sample average is $1100. Hte sample standard deviation is $400
To study Android users you collect data on 25 randomly chosen people. The sample average for Android users is $850. The sample standard deviation is $350. Google executives believe they should charge the same amount for Pixel as Apple charges for its iPhone products. Test the hypothesis that the price iPhone users would pay for an iPhone is the same as the price of an Android user would pay for the phone. Google uses alpha 5%.