Got Milk?. Pose a Question. Which grocery stores sell cheaper milk? Major chain stores or neighborhood stores? Population of interest: Major and neighborhood grocery stores. Purpose.
Population of interest:
Major and neighborhood grocery stores
Bronzeville Food &Liquors
We will record the price of Dean’s milk
We will also visit 3 major grocery stores:
We will also record these prices of Dean’s milk
We are directly getting the prices from each store
We are using a world wide used grocery item, milk, and getting the same brand of Dean’s Milk
We are only testing three local & major grocery stores, so it may not convey accurate store prices for major and local grocery storesConducting an experiment
We will reject the alternate hypothesis that Neighborhood stores sell cheaper milk than major grocery stores at the .05 alpha level because our P value is significantly higher.