Question
Q.3.1 2017 Q3 2.9 2.5 2.2 2.6 2.1 2.6 2.4 2.8 2.7 2.9 2.7 2.8 2018 Q3 2.8 2.9 2.3 2.4 2.2 2.1 2.3 2.5
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(Note they are independent samples)
Q.3.1.1 | Use Excel Data Analysis Tool to calculate the descriptive statistics | (14) |
Q.3.1.2 | Test the null hypothesis that the mean amount of company expenditure on salaries for the two years is not different, using the 5% level of significance. | (10) |
Q.3.1.3 | Test the null hypothesis that the two population variances are equal, using a 10% level of significance. | (5) |
Q.3.2 | Makro buys fridges from many vendors A and B, however, at times the fridges will be returned to the shop within the 2 year guarantee period. A sample of 96 Fridges were sampled, vendor and defective are shown below. (11 marks) |
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Test the hypothesis that there is no significance difference in the number of defects fridges between Vendor A and Vendor B at the 5% level of significance. |
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