Figure 1.1
-Refer to Figure 1-1.Using the information in the figure above, calculate the percentage change in revenue from alcoholic beverage sales between 2013 and 2016.
Definitions:
Coffee Shop
A type of establishment that primarily serves coffee, along with other beverages and light food items, often serving as a place for social interaction or personal work.
P-value
The probability of observing a test statistic as extreme as, or more extreme than, the value observed, under the assumption that the null hypothesis is true.
Test Statistic
A value calculated from sample data that is used to make decisions about a population parameter in hypothesis testing.
Kruskal-Wallis Test
A statistical test that doesn't rely on parameter assumptions to evaluate if notable differences exist between two or more independent variable groups, focusing on a continuous or ordinal dependent variable.
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