HI6006 Competitive Strategy Editing Service
Delivery in day(s): 4
Cost  Sales  Orders 
52.95  386  4015 
71.66  446  3806 
85.58  512  5309 
63.69  401  4262 
72.81  457  4296 
68.44  458  4097 
52.46  301  3213 
70.77  484  4809 
82.03  517  5237 
74.39  503  4732 
70.84  535  4413 
54.08  353  2921 
62.98  372  3977 
72.3  328  4428 
58.99  408  3964 
79.38  491  4582 
94.44  527  5582 
59.74  444  3450 
90.5  623  5079 
93.24  596  5735 
69.33  463  4269 
53.71  389  3708 
89.18  547  5387 
66.8  415  4161 
Cost  Sales  Orders  
Mean  71.26  456.50  4,393.00 
Standard Deviation  12.93  81.53  737.08 
Standard deviation of all orders above 4,000
Sample proportion
Orders above 4000 
4015 
5309 
4262 
4296 
4097 
4809 
5237 
4732 
4413 
4428 
4582 
5582 
5079 
5735 
4269 
5387 
4161 
Mean  4,729.00 
Standard deviation  556.61 
Question c
Confidence intervals
95% for distribution cost
Since the total value is less than 30, t distribution is used to measure the confidence interval
i)  Cost 
Mean  71.26 
Standard Deviation  12.93 
Sqrt n  4.90 
t  2.07 
CI  
Upper limit  76.72 
Lower limit  65.80 
99% confidence interva on sales
ii)  Sales 
Mean  456.50 
Standard Deviation  81.53 
Sqrt n  4.90 
t  2.81 
CI  
Upper limit  503.22 
Lower limit  409.78 
90% confidence interval on orders exceed 4000
iii)  Orders 
Mean  4,729.00 
Standard Deviation  556.61 
Sqrt n  4.90 
t  1.75 
CI  
Upper limit  4,927.36 
Lower limit  4,530.64 
Point estimate
Mean  4,729.00 
Standard Deviation  556.61 
Normal dist  4,015.67 
N = (z/M)^2 x p (1p)
Z  1.96 
population  0.1 
Margin of error  222.69 
Sample Size  7.02 
Null hypothesis: The mean is equal to 65
Alternate hypothesis: The mean is not equal to 65
x  71.26 
Standard Deviation  12.93 
Mu  65 
n  24 
t dist  2.37 
t table value  2.07 
Since t distribution is greater than t table value the null hypothesis is rejected and alternate hypithesis is accepted
Null hypothesis: 30% orders received are less than 4000
Alternate hypothesis: 30% orders received are not less than 4000
Mean  4,393.00 
SD  737.08 
Mu  4000 
n  24 
t dist  2.61 
p value  0.007828 
The result is significant at p < .05.
Cost 
52.95 
71.66 
85.58 
63.69 
72.81 
68.44 
52.46 
70.77 
82.03 
74.39 
70.84 
54.08 
Null hypothesis: The mean is equal to 65
Alternate hypothesis: The mean is not equal to 65
Mean  68.31 
SD  10.78 
Mu  65 
n  12 
t dist  1.06 
t table value  3.11 
Since t distribution is less than t table value the null hypothesis is accepted
Part C
Cost and Sales 








SUMMARY OUTPUT 
 

 
Regression Statistics 
 
Multiple R  0.842117773 
 
R Square  0.709162344 
 
Adjusted R Square  0.69594245 
 
Standard Error  7.129671393 
 
Observations  24 
 

 
ANOVA 
 
 df  SS  MS  F  Significance F 
 
Regression  1  2726.821684  2726.821684  53.64357481  2.47416E07 
 
Residual  22  1118.308712  50.83221418 
 
Total  23  3845.130396 



 

 
 Coefficients  Standard Error  t Stat  Pvalue  Lower 95%  Upper 95%  Lower 95.0%  Upper 95.0% 
Intercept  10.29761784  8.449998094  1.218653274  0.235882952  7.226605545  27.82184123  7.226605545  27.82184123 
Sales  0.13354757  0.018233798  7.324177415  2.47416E07  0.095732988  0.171362151  0.095732988  0.171362151 
Cost and Orders 








SUMMARY OUTPUT 
 

 
Regression Statistics 
 
Multiple R  0.91880399 
 
R Square  0.844200772 
 
Adjusted R Square  0.837118989 
 
Standard Error  5.218273602 
 
Observations  24 
 

 
ANOVA 
 
 df  SS  MS  F  Significance F 
 
Regression  1  3246.062049  3246.062049  119.2073751  2.38511E10 
 
Residual  22  599.0683465  27.23037939 
 
Total  23  3845.130396 



 

 
 Coefficients  Standard Error  t Stat  Pvalue  Lower 95%  Upper 95%  Lower 95.0%  Upper 95.0% 
Intercept  0.457625305  6.571882688  0.069633821  0.945114194  13.17162514  14.08687576  13.17162514  14.08687576 
Orders  0.016117564  0.001476209  10.918213  2.38511E10  0.013056094  0.019179034  0.013056094  0.019179034 
Based on the above outputs it is identified that the value of R square betwee cost and sales is 0.7091 or 70.91% whereas the value is 0.8442 or 84.42% for cost and orders. The value of R square intends to specify the goodness of the fit of the model, the maximum value of R square is 1 or 100%, so higher the value of R square better is the goodness of fit to the model. So it can be stated that cost and orders shows a better association in the model
Multiple regression
Cost  Sales and Orders 








SUMMARY OUTPUT 

















Regression Statistics 








Multiple R  0.93591442 







R Square  0.875935802 







Adjusted R Square  0.864120164 







Standard Error  4.766165573 







Observations  24 
















ANOVA 








 df  SS  MS  F  Significance F 



Regression  2  3368.087376  1684.043688  74.1336022  3.0429E10 



Residual  21  477.0430196  22.71633427 





Total  23  3845.130396 















 Coefficients  Standard Error  t Stat  Pvalue  Lower 95%  Upper 95%  Lower 95.0%  Upper 95.0% 
Intercept  2.728246583  6.157879754  0.443049668  0.662260247  15.53425853  10.07776536  15.53425853  10.07776536 
Sales  0.047113872  0.02032792  2.317692762  0.030643769  0.004839649  0.089388095  0.004839649  0.089388095 
Orders  0.011946926  0.002248569  5.313123092  2.87239E05  0.00727077  0.016623082  0.00727077  0.016623082 
By using multiple regression where in the sales and orders are considered as independent variables ad the dependent variable is cost. The model states that the R square is 0.8759 or 87.59% which is a better fit when compared with individual models which was specified in question a. Also the significance value is 0.00 which shows that there is a significant relationship between the independent variables and the dependent variable.
Based on the regression coefficients the regression equation can be stated as
Y (Cost) = Constant + X1 (Sales) + X2 (Orders)
Y (Cost) = 2.73 + 0.047 (Sales) + 0.0119 (Orders)
Based on the above it is noted that orders possess a significant influence on the cost when compared with sales
F test
Null hypothesis: There is no significant variance of the waiting time between the two branches
Alternate hypothesis: There is a significant variance of the waiting time between the two branches
 CBD  Suburban 
Mean  4.286666667  6.873571429 
Variance  2.682995238  3.73004011 
Observations  15  14 
df  14  13 
F  0.719293938 

P(F<=f) onetail  0.274097371 

F Critical onetail  0.398841227 

Based on the above table it is identified that the p value is 0.274 which is more than the sig value of 0.05 (5%) so the null hypothesis is accepted. Hence it is stated that There is no significant variance of the waiting time between the two branches
Based on the overall analysis it is identified that the tTest: Paired Two Sample for Means can be used
Question c
Null hypothesis: There is no difference in the mean waiting time between the two branches
Alternatehypothesis: There is a difference in the mean waiting time between the two branches
 CBD  Suburban 
Mean  4.286666667  7.114666667 
Variance  2.682995238  4.335512381 
Observations  15  15 
Pearson Correlation  0.176721009 

Hypothesized Mean Difference  0 

df  14 

t Stat  4.542789694 

P(T<=t) onetail  0.000229993 

t Critical onetail  1.761310136 

P(T<=t) twotail  0.000459985 

t Critical twotail  2.144786688 

Based on the above table it is identified that the pvalue is 0.00 which is less than the sig value of 0.05 (5%) so the null hypothesis is rejected and alternate hypothesis is accepted. Hence, There is a difference in the mean waiting time between the two branches.
2. Freedman, David (2010). Statistics. 4th Edition. Cengage Publishing
3. Sincich, T. Terry (2012). Statistics. 12th Edition.
4. Triola (2014). Essentials of Statistics. 5th Edition. McGraw Hill
5. Witte, S. Robert. (2010). Statistics. 5th Edition. McGraw Hill