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Exhibit 10

question 38

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Exhibit 10.5.A producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season.The first variety is milk chocolate while the second is milk chocolate filled with mint.It is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances.Two independent samples of 18 observations each are collected for the holiday period.A sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million.A sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million.Use milk chocolate as population 1 and mint chocolate as population 2. Refer to Exhibit 10.5.Assuming the population variances are equal,compute the value of the appropriate test statistic.


Definitions:

Interacting Individuals

Refers to people engaging with each other, influencing and being influenced by one another's actions, behaviors, and communications.

Role Sets

The array of roles attached to a single status in society, highlighting the complexity of social positions and the potential for role conflict.

Conform

To align one's behavior or beliefs with the norms, rules, or standards of a group or society, often due to social pressure or the desire for acceptance.

Rational Choice Theory

An economic principle that assumes individuals always make prudent and logical decisions that provide them with the highest personal utility.

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