The following table provides some survey data on the preference scores of 100 people about their opinion on differentaspects of public transportation system. The survey used a scale of ‘1’ (not important) to ‘5’ (Most important) for eachtransportation system. The ‘t’ and ‘p-values’ are generated by performing a ‘t’-test of the Null Hypothesis of indifference(neither important, nor unimportant) Ho: ? = 3.0 against HA: ? ≠3.0 for α = 0.05. Please answer the following questionson the table statistics to demonstrate your ability to interpret data analyzing a survey.Variable Mean SD t p - valueTravelling Time & Schedule 3.50 2.00 2.50 <>Travelling Expense (Fare) 3.25 2.25 1.11 > 0.10Traffic Volume (Seating capacity, Congestion) 2.50 1.80 2.78 <>Security 1.40 1.70 9.41 <>i. By analyzing the Mean and SD of the survey data, explain which one of the four ‘mean preferences’ seems tohave been measured more precisely – i.e. the peoples’ average opinion is not likely to change if this survey isreplaced?ii. What message do the t and p-values convey regarding the reliability of the peoples’ average opinion toward thefour different choices?iii. Does the survey data indicate stronger opinion in favor of the Travelling Time & Schedule as compared toTravelling Expense (Fare), and explain your logic?iv. What does it mean when the p-value for ‘Travelling Expense (Fare)’ indicates ‘NS’? Please explain yourunderstanding about the ‘NS’ (non-significant) results.v. Is the ‘Security’ statistically more significant than the other three systems? Please explain you understandingbased on the mean, standard deviation, t and p-values associated with the System
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