Chicago Taxi Rides

Each student was assigned a unique data set for theSIP Report of Descriptive Statistics.Retrieve your data and the document you submitted for that assignment. The current assignment is a continuation of that report.

The purpose of this assignment is to conduct and interpret two hypothesis tests at the=0.05level of significance.

First hypothesis test:Determine whether a majority of taxi riders used cash to pay for their fare in Chicago on July 25, 2017.

Second hypothesis test:Gauge whether the mean fare of a taxi ride in Chicago on July 25, 2017 was significantly different than $12.50.

Instructions are provided in "Part 2: Inferential Statistics" of theSIP Report Template.docx

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.Replacethe template instructions under each heading in Part 2 with your work before submitting your assignment. Keep your work from "Part 1: Descriptive Statistics" the same. (Part 1 will not be re-graded; but a30-point penalty will be assessed if the final report does not include the work submitted in the first report.)

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