Skip to main contentSkip to solution

A small start-up started making wafers and distributing them to the retailers. After a week, average sales per week were found to be 150 packets. So, to increase the sales, a strategy was used to change the packaging and add a chocolate worth Rs. 5 as a free gift with the pack. After this, a sample of 17 shops was taken, which showed that sales went up with mean 165 and a standard deviation of 25. Check whether the strategy was effective @5%, level of significance ? [Given t16(0.05)=2.12 t_{16} (0.05) =2.12]

Solution

✅ Correct Option: 2

Solution Coming Soon

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question