Question
There are 2 opportunities for purchasing a printing franchise in the City of Nanaimo in BC. One could open it in the north end of
There are 2 opportunities for purchasing a printing franchise in the City of Nanaimo in BC. One could open it in the north end of the city or the south end. Customers were surveyed about how much they would be willing to spend and the results are given below: (6 marks are available for this question) NORTH 480,495,505,475,615,495,495,465 SOUTH 490,515,495,520,635,495,500,365 Using the paired difference approach to hypothesis testing a. What are the averages of North and South and the differences (1.5 marks) b. What are the t-value and critical t-value (2 marks) c. Explain your results and recommendations for investing (2.5 marks) Attach FileNo file chosen
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