Business Stastics - Barbara’s Concern - Business Stastics Assignment Help

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Business Stastics Assignment Help

TASK Barbara is working as a planning consultant to the government focused on the location of small businesses. Barbara is particularly interested in examining what the average cost of parking at a parking station that is catering to city-based restaurants (i.e., defined as those restaurants located within 5km of the CBD). One suggestion from her previous work conducted overseas is that, on average, parking costs should be significantly less than $14 to ensure using a private vehicle to frequent city-based restaurants remains a favourable proposition for potential patrons. Propose and test a suitable hypothesis to examine this using the sample data provided.