The document presents sales data for Samsung and Sony TVs over a year, showing Samsung's average sales at 124.75 and Sony's at 120.92. An F-Test and a t-Test were conducted to determine if there is a significant difference between the two companies' sales, concluding that the null hypothesis (H0) is accepted, indicating no significant difference. The p-value of 0.20 and the comparison of t-Stat and t-Critical support this conclusion.
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The document presents sales data for Samsung and Sony TVs over a year, showing Samsung's average sales at 124.75 and Sony's at 120.92. An F-Test and a t-Test were conducted to determine if there is a significant difference between the two companies' sales, concluding that the null hypothesis (H0) is accepted, indicating no significant difference. The p-value of 0.20 and the comparison of t-Stat and t-Critical support this conclusion.
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MONTH SAMSUNG TV SALES SONY TV SALES
January 120 110
February 125 115 March 130 120 April 118 122 May 122 125 June 128 130 July 115 112 August 119 117 September 124 121 October 121 119 November 135 128 December 140 132 average 124.75 120.92
H0: µ0=µ1(there is no significant difference between companies)
H1:µ0≠µ1 (there is a significant difference between companies.)
F-Test Two-Sample for Variances
SAMSUNG TV SALES SONY TV SALES
Mean 124.75 120.92 Variance 54.02 47.90 Observations 12 12 df 11 11 F 1.13 P(F<=f) one-tail 0.42 F Critical one-tail 2.82 **if p-value < 0.05 hence use t-test: Two sample assuming unequal variances** **if p-value > 0.05 hence use t-test:two sample assuming equal variances**
t-Test: Two-Sample Assuming Equal Variances
SAMSUNG TV SALES SONY TV SALES Mean 124.75 120.92 Variance 54.02 47.90 Observations 12.00 12.00 Pooled Variance 50.96 Hypothesized Mean Difference 0.00 df 22.00 t Stat 1.32 P(T<=t) one-tail 0.10 t Critical one-tail 1.72 P(T<=t) two-tail 0.20 t Critical two-tail 2.07
** if p-value > 0.05 , accept H0 and reject H1**
** if p-value < 0.05 , reject H0 and accept H1** [OR] If |t-Stat| > t-Critical, reject H0 and reject H1 If |t-Stat| < t-Critical, accept H0 and reject H1
# In this problem, p-value[0.20] > 0.05 ,hence accept H0 and reject H1