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IBS HYDERABAD BUSINESS RESEARCH METHOD ASSIGNMENT

Submitted by- Himanshu Tulshyan Enroll. No.-11BSUHH010021 Sec-B

QUESTION Suppose that in five years,the average price per two bedroom flat in the vasanth kunj area of new delhi has been estimated as Rs. 20 lac. He has taken sample of ten flats.

2000000 3200000 1900000 2500000 2900000 1700000 2500000 3300000 2100000 900000

T-Test

One-Sample Statistics N VAR00001 10 Mean 2245000.0000 Std. Deviation 943530.60364 Std. Error Mean 298370.57496

One-Sample Test Test Value = 2000000 t df Sig. (2-tailed) Mean Difference Lower VAR00001 .821 9 .433 245000.00000 -429961.1333 95% Confidence Interval of the Difference Upper 919961.1333

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