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The Journal of Travel conducted research by taking two large a) The mean cost of a one-day trip for Group A is $|:| and for

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The Journal of Travel conducted research by taking two large a) The mean cost of a one-day trip for Group A is $|:| and for Group B $|:|_ groups (viewed as populations) to determine whether there are differences in the characteristics of the two groups of holiday travellers: [Group A] travellers that are less than 50 years old. b) For which set of travelers would the median be a better measure of central tendency than the mean? The standard deviation of the cost of a one-day trip for Group A is (rounded to nearest cent) $ and for Group B $ [Group B] travellers that are 50 or more years old. One item of interest was the amount spent for a one-day trip. The O A. All travellers results are shown below. 0 B. Over 50 Group B Cost of one-day trip Group A: Under 50 Group B: Over 50 O c. Neither group years old (n=480) years old (n=325) O D U d 50 G A $0 up to 50 6 % 1% ' " er mu" 50 Up to 100 13 5 c) For Group A, 384 of those surveyed would have spent less than 100 up to 200 21 9 200 up to 300 29 13 O A- $500 300 up to 400 11 20 O B. $750 400 up to 500 12 17 E O C. $400 500 up to 750 2 14 O D. $300 750 up to 1000 3 10 1000 up to 2000 2 7 d) The coefcient of variation for Group A is D and for Group B is El. 2000 up to 3000 1 4 Group B is relatively more variable than Group A (Base your answer on results obtained by using your calculator.) 0 True 0 False

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