The group statistics shows sample size of 30 for each store with Target mean price of $5.799 and Walmart mean price of $5.699. Also, the standard deviation between Target and Walmart are similar at 3.899 and 3.854 respectively.
Independent sample test shows Levene’s test for equality of variances and t-test for equality of means. Levene’s test for equality of variance in this case shows that the variance for Target and Walmart pricing are not significant different (sig. = 0.989), hence equal variance is assumed. The t value is 1.00, which with 58 degree of freedom has a two tailed significant level of 0.920.
Results
An independent sample t test was conducted to evaluate the hypotheses that Target and Walmart pricing differ significantly
Independent sample test shows Levene’s test for equality of variances and t-test for equality of means. Levene’s test for equality of variance in this case shows that the variance for Target and Walmart pricing are not significant different (sig. = 0.989), hence equal variance is assumed. The t value is 1.00, which with 58 degree of freedom has a two tailed significant level of 0.920.
Results
An independent sample t test was conducted to evaluate the hypotheses that Target and Walmart pricing differ significantly