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Question 1: (13 marks) Gift cards are becoming a more popular gift. Retailers like these cards because they are casy to process and bring more
Question 1: (13 marks) Gift cards are becoming a more popular gift. Retailers like these cards because they are casy to process and bring more customers in to the store. It has also been found that customers appreciate the convenience; the cards make great stocking stuffers and are easy to mail. An executive at the Homesense headquarters has been tracking the sale of vouchers and based on data collected in 2020 the observed: The average amount of money put on a gift card across all their stores in Kitchener was $75. The average number of vouchers sold per day across all their stores in Kitchener was 15 and The executive suspects in that 2021: The average amount of money put on a gift card has decreased. The average number of vouchers sold per day has increased but They draw a random sample of 50 vouchers sold in 2021 and use this data to test their hypothesis stated above. For this question you will generate the sample data using the R code below: set. seed (XXxxxxxx) x
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