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T-Shirt Price Analysis Using t-Test

Statistics, stepwise method
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0% found this document useful (0 votes)
2 views2 pages

T-Shirt Price Analysis Using t-Test

Statistics, stepwise method
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

COLLEGE OF ST.

JOHN – ROXAS
Member: Association of LASSSAI-Affiliated Superschools (ALAS)
Gov. Atila Balgos Ave., Banica Roxas City

Name: Izza Marie Alfabeti Group/Year: BSP 1

One Sample Test


Problem: It is known that the average cost of men's T-shirt in malls is P 250.00. A researcher selects a
random sample of 20 t-shirts from this mall and have obtained the following data:

T-shirt Prices
1 199.00
2 179.50
3 299.75
4 259.50
5 279.75
6 259.50
7 179.00
8 499.75
9 359.75
10 459.50
11 399.00
12 269.75
13 159.50
14 149.75
15 159.75
16 189.75
17 179.75
18 259.75
19 289.50
20 299.00

Is there enough evidence for the researcher to accept the claim at (a) = 5%?

Stepwise Method

Step 1: State the null and Alternative Hypotheses

Ho: 𝜇 = P 250
Ha: 𝜇 ≠ 𝑃 250

Step 2: Identity the test procedure

Test Procedure: One Sample t-test

Step 3: Identify the level of significance

𝛼 = 0.05 𝑜𝑟 5%
Step 4: Write the Decision Rule

Reject Ho if the sig < 𝛼; Otherwise, fail to reject Ho

Step 5: Solve

One-Sample Statistics
Std. Error
N Mean Std. Deviation Mean
Average Cost 20 266.5250 100.15767 22.39594

One-Sample Test
Test Value = 250
95% Confidence Interval of
Mean the Difference
t df Sig. (2-tailed) Difference Lower Upper
Average Cost .738 19 .470 16.52500 -30.3502 63.4002

Sig. = 0.470

𝛼 = 0.05

Step 6: Decision Rule:

Since sig = 0.470 < α=0.05; We fail to reject Ho.

Step 7: Conclusion

At α=5%, Data provided evidence to conclude that the mean differs from the test value (250).

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