Hypothesis testing: t-Test

Hypothesis 1
Hotels are driven by affluence (HDI)

Random variable (x)

rando
m Normalize
variab d random
Data City
le variable
(x) / (x)
HDI
0.731648
1 Karachi 0.802
542
-
2 Peshawar 0.639 0.356762
13
0.758358
3 Lahore 0.806
006
-
4 Gwadar 0.45 1.618784
32
1.332611
5 Bhurban 0.892
49
-
6 Rawalpindi 0.638 0.363439
5
-
Muzaffara
7 0.62 0.483632
bad
09
Avgerage ( 0.6924 -3.8858E-
x ) 29 16
0.1497
SD 6
response variable (y)
method of normalization: Ratio of the highest in pakistan

Ticket
Normaliz
Price
Data City ed ticket
(y) /
price
PKR
1 Karachi 16900 0.1596389
-
2 Peshawar 14000
0.9578336
-
3 Lahore 16000
0.1871629
-
4 Gawadar 15000
0.5724983
5 Bhurban 22000 2.1248493
-
6 Rawalpindi 15500
0.3798306
Muzaffarab -
7 16000
ad 0.1871629
Avgerage (
16485.71 -1.429E-08
y )
SD 2595.142

Hypothesis test
'
y x'
t=
s/n

t = -3.78E-08
There is a huge risk factor associated with our hypothesis, of almost 50%. Hence
the hypothesis is not true. Hotels must be hence planned keeping in mind not only
the current economic activity and affluence of the locality, but also the future
potential. To proceed, we must define a variable that also takes into accord the
future potential of the localities.