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Mathematics, 24.03.2020 21:17 coolkitty35

Hey everyone! Could someone please help me solve the following problem? Thank you so much!!

An advertisement for a popular supermarket chain claims that it has had consistently lower prices than four other full-service supermarkets. As part of a survey conducted by an "independent market basket price-checking company," the average weekly total, based on the prices (in $) of approximately 95 items, is given for two different supermarket chains recorded during 4 consecutive weeks in a particular month.

Week Advertiser ($) Competitor ($)

1 254.31 256.04

2 240.56 255.63

3 231.94 255.12

4 234.19 261.21

(a) Is there a significant difference in the average prices for these two different supermarket chains? Find the Test Statistic, the rejection region, and the approximate p-value to support your statistical conclusion. (Use α = 0.05. Round your answers to three decimal places.)

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