Essay
Price Differences Narrative
A consumer was interested in determining whether there is a significant difference in the price charged for tools by two hardware stores. The consumer selected five tools and recorded the price for each tool in each store. The following data were recorded:
Tool
-Refer to Price Differences Narrative. Perform the appropriate test of hypothesis to determine whether there is a significant difference, on average, in the price of tools between the two stores. Use = 0.05.
Correct Answer:

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