Determining the difference in sales

Assignment Help Basic Statistics
Reference no: EM13973659

Essay

  1. John and Mario of Mi Casa Front Porch Restaurant wanted to identify if there was a difference in sales between their newest locations, North Scottsdale and Glendale since they spend most of their time at the original location. Based upon a 6 year review of sales, the mean for North Scottsdale $729K with a standard deviation of $25K and the mean for Glendale was $530K with a standard deviation of $35K. Create and conduct the hypothesis test for two samples means at a .10 significance level. Interpret the results for the restaurant.
  2. Answer the questions below in essay format. Your essay must include an introduction, a body, and a conclusion, and it must address all relevant parts of each question. Your response should be a minimum of 150 words in length and include both the appropriate statistics and support for the analysis and interpretation. Make sure to cite any source you use. Proper citation format for a source includes the name of the author(s), the title of the work, the date of the publication, and the page number if you directly quote the source.

Essay Questions

Based on the scenario above, what approach should the John and Mario use to complete their study, identify the hypothesis, test the hypothesis, and provide an analysis of the conclusions? What does the data mean for Mi Casa Front Porch Restaurant?

Reference no: EM13973659

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