The Price Quotes case study and data.
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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).
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.