The hypothesis being tested is:
H0: µd = 0
Ha: µd ≠ 0
| Jersey Mike's | Subway's |
| 1643 | 1750 |
| 1878 | 1900 |
| 2243 | 1822 |
| 2001 | 1981 |
| 1,941.25 | mean Jersey Mike's |
| 1,863.25 | mean Subway's |
| 78.000 | mean difference (Jersey Mike's - Subway's) |
| 234.690 | std. dev. |
| 117.345 | std. error |
| 4 | n |
| 3 | df |
| 0.665 | t |
| .5538 | p-value (two-tailed) |
The test statistic, t = 0.665
The p-value is 0.5538.
Since the p-value (0.5538) is greater than the significance level (0.05), we fail to reject the null hypothesis.
Therefore, we cannot conclude that there is a difference between sandwich sales.
Two sandwich making companies, Subway and Jersey Mike's subs have both been affected by the pandemic....