Question 9
Milo’s Wheels sells bicycles. DrMilo, the owner of the shop, is curious to know about his customer base. Hence, he collects data on the total sales made to different age groups in the year 2024. This data is given in Table-2. He hires you (a student in the BA course) as a data analyst and asks for your opinion. Then answer the given subquestions.
(Note: For all questions in this comprehension, if your answer is in decimal, enter it rounded to two decimal places. For example, if your answer is “10.256”, enter it as “10.26”)
| Age group | Actual number of cycles sold |
|---|---|
| less than 10 years | 25 |
| 11 to 15 years | 50 |
| 16 to 20 years | 30 |
| 21 to 24 years | 50 |
| 25 to 30 years | 20 |
| 31 to 40 years | 25 |
| greater than 41 years | 50 |
Table-2
If the “Null Hypothesis” is rejected at a significance level of 0.1, then what will be the conclusion at a significance level of 0.5?
Cannot say, insufficient data
Null Hypothesis is rejected
Null Hypothesis is not rejected