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Recession. AGENDA:. Descriptive analysis. Analysis. T test Correlation. FOOD SPENDING HABITS. How respondents see the change in their spending habits. Spending habits of the different age groups. Correlation. Correlation between average expenditure and income. Hypothesis?.
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AGENDA: • Descriptiveanalysis • Analysis • T test • Correlation
Hypothesis? Ho: The mean fast food/hawker expenditure before recession is $5.20. H1: The mean fast food/ hawker expenditure before recession is not equals to $5.20 Ho: Чb == $5.20 H1: Чb=/= $5.20
Conclusion: • Do not Reject Ho • At 95% significance interval, since t statistic does not lie in the rejection region. • There is sufficient evidence to infer that the mean fast food/hawker food expenditure is $5.20.
TRAVELLING • Frequency before and after recession in the respective countries • Absolute and Percentage change in frequency for travelers.
Frequency of respondents traveling before and after recession (None & 1-5)
Frequency of respondents traveling before and after recession (None & 1-5) Percentage
July 16, 2001, Monday SECTION: Home, Pg. H2 LENGTH: 1159 words HEADLINE: Nothing technical about the recession BYLINE: Walter Fernandez BODY:SPOTLIGHT: "TECHNICAL' RECESSION Economists say it is time to call a recession, a recession -- despite the labels given to the current slowdown IT WAS the headline of every newspaper and television bulletin last week: Singapore is in a "technical" recession. Not a recession. Not a "full-blown" recession, but a "technical" one.But what is a technical recession as opposed to a real recession? Does it mean the country has not seen the worst of the slowdown yet? And if so, how will Singaporeans know when the recession turns full-blown? Last Tuesday, even as the latest flash economic estimates were announced, The Business Times said in its editorial: "Many non-economists, including businessmen, find this talk of a "technical' recession confusing."
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