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A chance sample of visitors to a National Park was interviewed regarding their impressions of the Park. Of 200 interviewees, 120 said that they would probably make a return visit within 12 months.
a) The National Park is aiming to attain a target of two-thirds of visitors returning within a year. Perform a test to assess whether the sample results support the view that this target is being arrived at.
b) Within the sample, 100 interviewees had visited the National Park on a weekday and had average expenditure of £10.00 with standard deviation £5.00, whilst 100 had visited on a weekend and had average expenditure of £12.50 with standard deviation £4.00.Test the hypothesis that average expenditure on a weekend is greater than on a weekday, by measuring a relevant P-value, and describe your findings.
prove that summation k =0 and summation kxi=1
if there is multicollinearity so why we can not estimate the value of parameters?
hypothetical data on consumption expenditure ($) and income ($) is given in the table x Y 80 55 100 65 85 70 110 80 120 79 115 84
remedial measure of multicolinearity
Assume that Jane spends her entire income of $100 on two goods, x and y. Moreover, these goods are perfect complements for her. Let the price of good x go up while the price
Explain the stages and various coordination mechanisms involved in policy processes. Discuss various factors that influenced the agenda setting in policy processes
Hello I am a PostGrad student. Need some help in the coursework
It was shortly before noon. Mr. Zhi-Long Chen, director of Overnight Delivery Operations at Capital Crab and Lobster, Inc.(CCL) in Washington DC, anxiously watched the Weather Chan
A firm manufactures and sells a product that has the following demand function: Q = 180 - 4P where P is price, Q is quantity. It also faces the following
PROOF THAT E(XU) DIFFERENT FROM ZERO.
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