QUESTION 5 A study was conducted to investigate the average price of season ticket spent by the customers when choosing

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QUESTION 5 A study was conducted to investigate the average price of season ticket spent by the customers when choosing

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Question 5 A Study Was Conducted To Investigate The Average Price Of Season Ticket Spent By The Customers When Choosing 1
Question 5 A Study Was Conducted To Investigate The Average Price Of Season Ticket Spent By The Customers When Choosing 1 (73.64 KiB) Viewed 37 times
QUESTION 5 A study was conducted to investigate the average price of season ticket spent by the customers when choosing the rail service to the same destination between Company A and Company B. The data were collected and analysed using SPSS. The results obtained shows in the following table. CONFIDENTIAL Season Ticket Company A Prices Company B i. Mode Transport ii. of Group Statistics N 30 30 Prove the value of T is 8.985. Show the value of z-statistic is 1.939. Mean 195.07 175.10 CS/JULY 2022/STA404 Std. Deviation 49.21 27.59 Std. Error Mean T 5.04 (1 mark) (3 marks) At 10% significance level, is there is enough evidence to conclude that the average price of season ticket of rail service at Company A is more than Company B. (5 marks) ||
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