Statistics - Hypothesis Testing
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Please help with the following problem.
There are two Chevrolet dealers in Jamestown, New York. The mean weekly sales at Sharkey Chevy and Dave White Chevrolet are about the same. However, Tom Sharkey, the owner of Sharkey Chevy, believes his sales are more consistent. Below is the number of new cars sold at Sharkey in the last seven months and for the last eight months at Dave White. Do you agree with Mr. Sharkey? Use the .01 significance level.
[See the attached question file.]
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This posting helps with a hypothesis testing problem. It helps with a question regarding car sales. A neat, step-by-step solution is provided.
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There are two Chevrolet dealers in Jamestown, New York. The mean weekly sales at Sharkey Chevy and Dave White Chevrolet are about the same. However, Tom Sharkey, the owner of Sharkey Chevy, believes his sales are more consistent. Below is the number of new cars sold at Sharkey in the last seven months and for the last eight months at Dave White. Do you agree ...
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