Tom’s Top End Motors and Fast Eddie’s Quality Cars are two localused car dealers. Tom and Eddie are comparing their sales. The meanmonthly sales are similar, however, Tom Monroe (owner of Tom’s TopEnd Motors) thinks his sales are no moreconsistent than Fast Eddie’s. Below is a listing ofthe number of cars sold for the last eight months for Tom’s Top EndMotors and for the last seven months for Fast Eddie’s QualityCars.
Monthly Sales | | | | | | | | |
Tom’s Top End Motors | 88 | 76 | 67 | 57 | 76 | 62 | 77 | |
Fast Eddie’s Quality Cars | 92 | 67 | 55 | 87 | 82 | 37 | 44 | 98 |
Conduct a hypothesis test (using ? = 0.05) to see if you agreewith Tom’s view that his sales are no moreconsistent.
List all the steps of the hypothesis test and write a note toTom telling him whether you agree with him or not and back up yourconclusion.