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mia_stephens

Staff

Joined:

May 28, 2014

Price Quotes Case Study

The Price Quotes case study and data.

Links:

Download the case study
Download the data

Confidence Intervals and t-Tests for Paired Samples:

Use a Paired t-Test to determine whether pricing experts are providing different price quotes to customers.

JMP features demonstrated:

Analyze > Distribution, Tables > Stack, Graph > Graph Builder, and Formula Editor

Statistical/graphical tools used:

Histograms, summary statistics, confidence interval for the mean, and One Sample t-Test (for a difference).

6655_PriceQuotes.png

This collection of business case studies was provided by Marlene Smith at the UC Denver Business School.

Note:  Updated to JMP 12 May 13, 2015.