Statistics Exam Worked Solutions — MTN, Mega Brain & Chi-sq QUESTION 1 (20 MARKS) (10marks) QUESTION 2 (20 MARKS) Mega Brain Consult is an auditing firm with branches at Cape Town, East London and Port Elizabeth. The firm core business is to prepare year-end financial statements, auditing, filing VAT and income tax, business advisory, marketing intelligence and research to its clients. Since its establishment in 2019, the […]
Background:A retail company, XYZ Superstores, is analyzing its monthly sales performance across five branches over the past six months. The management is particularly interested in understanding sales trends, central tendencies, relationships between variables, and predictive modeling using statistics. The dataset includes monthly revenue (in R’000), customer footfall, and number of promotions offered per month for each branch. Table: Monthly Revenue (in R’000) for Five Branches […]
