Busi. 410 HW 3 Q3

Busi. 410 HW 3 Q3 - 0.83 95% lower-0.07 95% upper 1.59 95%...

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Starbucks latte rating McCafe latte rating difference 3 -3 6 2 -2 4 3 -3 6 2 -2 4 2 0 2 1 0 1 3 -1 4 2 1 1 2 -1 3 1 -1 2 0 -2 2 -1 -2 1 1 -1 2 0 -1 1 1 -1 2 0 0 0 0 -1 1 2 2 0 0 0 0 3 3 0 3 3 0 2 2 0 2 2 0 2 2 0 0 0 0 1 1 0 2 3 -1 0 2 -2 1 1 0 0 0 0 -1 2 -3 -2 3 -5 -3 3 -6 1.03 0.27 0.76 mean 1.49 1.86 2.6 st. dev. Ho: Mean diff. <=0
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Ha: Mean diff. >0 p value 0.036 St. error of diff. 0.41 Margin of error 0.83
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Ho: Mean diff. <=0 Ha: Mean diff. >0 Segment mean of diff. 0.76 St. dev. of diff. 2.6 p value 0.036 St. error of diff. 0.41 Margin of error
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Unformatted text preview: 0.83 95% lower-0.07 95% upper 1.59 95% confidence interval from -.07 to 1.59 McDonalds cannot claim their lattes taste as good as Starbucks because the p value of .036 is less than the necessary p value of .05 to support their claim with 95% confidence....
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Busi. 410 HW 3 Q3 - 0.83 95% lower-0.07 95% upper 1.59 95%...

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