Walmart wins! But not by much.
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Walmart had a lower price for the total of all 20 items. The Walmart advantage for this batch was $4.89, or 4.06% of the total price. Walmart had a lower price on 12 of the 20 items. Their mean price advantage on these 12 was 81 cents, but the difference was usually less than a quarter. Target had a lower price on only six items. The mean price advantage on these six was also 81 cents, but the median advantage was 55 cents.
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It was fun to compare prices in Target and Walmart. Obviously a 20-item test
isn't a particularly thorough price-comparison, but I'm satisfied that these
results will help to illuminate the difference in these two discount retail
chains.
I really tried to be as impartial as possible, but with statistics, it is almost impossible to describe a situation without a bias. The obvious next comparison is the newly-merged K-Smears, but I think I'll check how Amazon stacks up first. Thank you.
Stacy scanning a price at Target |
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March 27th, 2005.