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The SRP of AA Super

Eveready Heavy
Duty Batteries
MINI RESEARCH GROUP 2
THE PRODUCT
Super Heavy Duty is the affordable
Carbon Zinc solution that provides
power on basic power needs.
EVEREADY Super Heavy Duty is a
brand that offers a complete line of AA,
AAA, C, D, 9v and 6v batteries and are
an economical choice for clocks,
flashlights, radios and other devices
that are low drain. Since 1896
EVEREADY batteries have been
providing dependable portable power.
For our families which you can use
everywhere and every day.
EVEREADY for Life.​
TASK NUMBER ONE
COLLECTING AND GATHERING OF DATA PRICE
IN DIFFERENT LOCALLITIES
Location store 1 store 2 store 3 store 4 store 5 Store 6 store 7 Store 8
Katipunan St. Tisa 48 40 40 40 50 40 40 58
Sitio Care, Barangay 45 50 45 46 48
Kamputhaw
F.Ralota St.Danao 50 47 40 40 48
City
Camella Lawaan 58 46 58 48 58
Sitio labogon, 35 50 75
Mandaue
Lazada 40 45 35
Capao consolation 30 40 50

Talisay City Cebu 40 40


Poblacion, Dumanjug 60 40
, Cebu
Mabini St. 40 35
SM City Cebu Mabulo 40
T.Padilla St. 70
Frequency Distribution Table

Range = 45 Number of class = 6 Class Width = 8

Number of Class interval Tally Frequency Relative Frequency


class
1 30 37 IIII 4 0.1 10%

2 38 45 IIIIIIIIIIIIIIIII 17 0.425 43%

3 46 53 IIIIIIIIIIII 12 0.3 30%

4 54 61 IIIII 5 0.125 13%

5 62 69 0 0 0%

6 70 77 II 2 0.05 5%
Task number 3: Pie Chart
Class interval Relative Frequency
Chart Title
30 37 0.1 10%

38 45 0.425 43% 5%
10%
13%
46 53 0.3 30%

54 61 0.125 13%
43%
62 69 0 0% 30%

70 77 0.05 5%
Task Number 4
𝑺
Computation on the standard deviation

  ¿
√ 𝟑𝟑𝟖𝟗 . 𝟎
𝟒𝟎 − 𝟏
=𝟗 . 𝟑𝟐

𝒙
Computation of the Sample mean

 
Task 5

Problem

Is there a significant difference on the


sample average price if the SRP
(population average price) is PHP 35.00.
Show the detailed steps in hypothesis
testing and illustrate the decision rule.
01 Step 1: State the hypothesis
Steps on
02 Step 2: Determine the significant alpha
and sample size
Hypothesis
03 Step 3: determine the appropriate test Testing
Statistics

04 Step 4: Determine critical value

05 Step 5: Collect the data and compute


the test statistics

06 Step 6: decision rule


Step 1: State the hypothesis
NULL HYPOTHESIS ATERNATIVE HYPOTHESIS

0 := 35.00
Your Text Here
H1: 35.00
.
Step 2: Determine Significant Alpha
and sample size

Significant a = 0.05 which mean our confidence interval is


95%

Sample size = 40 since we collected data from 40 different


stores
Step 3: determine the appropriate
Test statistics
Since the population standard
Deviation is Unknown

Then the Appropriate Test statistics


will be T-test

The equation of T test

𝒙−µ
𝑻= =¿
𝒔
√𝒏
Step 4: Determine
critical value
Degree of freedom df= n-1 = 40-1 Thus, our degree of freedom
is =39

And Significant alpha Is 0.05 since this is a two tailed test we


divide the 0.05 by 2 and the result would be 0.025

Critical value is ±t39 or± t0.025 =± 2.023


Step 5: Collect the data and compute
the test statistics
The Data

n = 40 µ = 35 = 9.32 𝒙 =𝟒𝟔 . 𝟐

The Computation

𝒙−µ 𝟒𝟔 . 𝟐 − 𝟑𝟓
𝑻= = =𝟕 .𝟔𝟎
𝒔 𝟗 . 𝟑𝟐
√𝒏 √ 𝟒𝟎
Step 6:
decision rule
•Since the Test statistics that
is equal to 7.60 which is
outside the critical values or
lies on the rejection region for
Ho, thus we reject Ho. The
result suggests that the
standard retail price (SRP) of
AA Heavy Duty batteries is
some value other than 35
pesos. The stores and shops
from different location mostly
sells the Eveready AA battery
higher than the price of 35
pesos.
Reflection and insights

Group 2 MINI research


OUR INSIGHTS and Observations
Less stores The product is The product is
are selling overwhelmed by other way too pricy
brands
We discovered that most of the We observe in our data
local stores around our Most of the establishments gathering that the Eveready
Localities were selling different that we collected data on offers AA Battery price is higher than
brands of batteries we went to a different kind brand. Brands the other brands of batteries,
a lot of stores but majority of
them does not have the that are mostly made in China as we gather data from store
Eveready AA batteries. to store they sell much higher
prices than the previous store
Our Reflection on the research
Only a few people only uses this battery
In terms of its durability of the product, brand knowing its price, also there are
there are a lot of other brands that offer other brands that are that they can find
the same service and are a lot cheaper in the marketplace that offers a bit less,
than Eveready. Nowadays people spent money on
cheaper products rather than quality
products
Even if Eveready batteries are more durable
than Kingever batteries, which are made in
China, we discovered that consumers will Eveready batteries is a bit pricey which
always pick the cheapest ones they can attract less buyers and that is why it has a
afford, even if the Eveready batteries are less demand in some of the local stores
more durable. that we gather data on
Our Conclusion
We conclude that it is hard to find the AA
Eveready batteries in every local stores because
they are way too pricey for a single pack of
batteries, they are also overwhelmed by other
different brands that are poor quality but has a
affordable price to all, which is why in some local
stores it has less consumers and that’s the
reason they have less demand compared to
other brands of batteries, as the demand
decreases the supply also decreases
And nowadays people tend to spent money on
cheaper products rather than quality products
THANK YOU
Insert the Subtitle of Your Presentation

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