Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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

2.9

2.4

(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)

Vendor

Defective

Vendor

Defective

Vendor

Defective

A

N

B

N

A

Y

B

N

B

Y

B

N

B

N

B

N

B

N

A

Y

B

Y

B

Y

B

N

B

N

A

N

A

Y

A

Y

A

N

A

N

B

N

A

N

B

Y

B

Y

A

N

B

N

B

N

A

N

A

Y

B

Y

B

N

B

N

A

N

A

Y

B

N

A

N

B

N

B

N

A

N

A

Y

A

N

B

N

B

N

A

N

B

N

A

N

B

Y

B

N

B

N

B

N

A

N

B

N

A

N

A

Y

A

N

B

N

B

N

B

N

A

N

B

N

B

Y

A

N

B

Y

A

N

B

Y

A

N

B

N

B

N

A

Y

B

N

A

N

A

N

B

N

A

N

A

N

B

N

B

Y

B

N

A

N

B

N

A

N

B

Y

A

N

A

N

A

Y

A

N

A

Y

A

N

B

N

A

N

B

Y

B

Y

A

N

B

Y

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra Step By Step

Authors: Kuldeep Singh

1st Edition

0191507768, 9780191507762

More Books

Students also viewed these Mathematics questions

Question

What is an entity? Discuss.

Answered: 1 week ago

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago