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QUESTION
ORDERED PRODUCT SALES (OPS) CONTROL TREATMENT Mean 127.7842 127.7910 Variance 12,545.2667 12,529.6045 Observations 499,707 500,293 Hypothesized Mean...
Looking at the results of the p-values, would you reject or fail to reject the null hypotheses (assuming a 0.05 significance level)? What does your decision mean for the problem? Would you proceed with changing the design of the box, or would you keep the old design
ORDERED PRODUCT SALES (OPS)CONTROLTREATMENTMean127.7842127.7910Variance12,545.266712,529.6045Observations499,707500,293Hypothesized Mean Difference0.0000Mean Difference0.0068% Mean Difference0.0001P-value0.9758TOTAL UNITS ORDERED (UNITS)CONTROLTREATMENTMean5.00765.0097Variance8.50528.5002Observations499,707500,293Hypothesized Mean Difference0.0000Mean Difference0.0021% Mean Difference0.0004P-value0.7224