Statistical Analysis

Scenario 1

Statement of Hypotheses

In the given scenario the null and alternate hypotheses are:

Ho= the prices ammunition in Gander Mountain is not less than the prices of ammunition offered by Cabela.

H1= the prices ammunition in Gander Mountain is less than the prices of ammunition offered by Cabela.

Sampling Technique

In order to test the hypotheses the random sample of ammunition products are selected and the second pair is the price of ammunition products.

Statistical test

For analysis of quantitative data different statistical test are used. To analyze this data I should use paired sample t test. This test is used to find the ...