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The Victorian government has proposed a new bus network to south east regional Victoria. A survey is sent out to residents asking questions which relate
- The Victorian government has proposed a new bus network to south east regional Victoria. A survey is sent out to residents asking questions which relate to:
- The resident's age
- Frequency of bus use
- Usual ticket type purchased
- Main purpose of using the bus
- Identify the possible scale of measurements on answers related to each of the questions.
- Develop one more categorical question and specify the scale of measurement.
- discuss the main methods use to assign probabilities. Support answer with suitable examples and critically review the use of each of these methods in real world business decision makings.
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