Participant #11, Vin, was in the $150 condition and estimate…

Participant #11, Vin, was in the $150 condition and estimated the jacket value at $100.  Compute the error deviation for Vin below, explain what the value indicates about her score, and how the deviation contributes to the logic behind the F value. [Hint: Use the SPSS Descriptives table  below to find the needed mean(s).]

A company wants to test if the mean sales of Product A are h…

A company wants to test if the mean sales of Product A are higher than the mean sales of Product B. The hypotheses are specified as follows: Null Hypothesis (H0): The mean sales of Product A are less than or equal to the mean sales of Product B. Alternative Hypothesis (Ha): The mean sales of Product A are higher than the mean sales of Product B. After conducting a one-tailed t-test, the company obtains a p-value of 0.07. Using an alpha level of 0.05, what conclusion should the company draw?