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A retailer has collected information on retail sales for the last two years. The data tracked is the sales volume (in dollars per square foot) for 37 retail outlets specializing in women’s clothing in 2018 and 2019.Below you can see a few rows of the data.Retailer IDFY-2018FY-2019RT234546754RT346632621RT124964865Question 1Did sales increase from 2018 to 2019? State the null and alternative hypothesis.Question 2What is the appropriate statistical test to test the research question?Group of answer choicesPaired t-testz-test to compare proportionsF-test for varianceIndependent sample t-testQuestion 3Justify your choice for the appropriate statistical test.Question 4Suppose that the test statistic is 1.325. Provide the Excel function necessary to calculate the p-value. Question 5Suppose that the p-value is 0.0519. At the 5% level of significance,a) what is the statistical decision? and,b) what is the answer to the research question? Question 6In the context of this problem, what is the meaning of committing a Type II error? Answer within the context of the problem for full credit.
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