Statistical Analysis

[Name of the Institute]

Question 1

One Sample T-Test

Test Value = 60

 

t

df

Sig. (2-tailed)

Mean Difference

95% Confidence Interval of the Difference

 

 

 

 

 

 

Lower

Upper

Companies

-0.35749

35

0.722871027

-0.638888889

-4.266989557

2.989212

Through the usage of one sample t-test we are trying to find, whether the average accounts of the companies, operating in the same business, comprise of similar percentage of small customers purchases, or do they differ from each other. After keeping the average, claimed in the magazine as a test value, we have check that if the average is statically similar to this given percentage or not.

The result shows that the average is statistically same as we can see that our null ...