THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The residents of Austin,Texas,complain that parking fines given in their city are higher than the parking fines that are given in Houston.Independent random samples of the amounts paid by residents for parking tickets in each of two cities over the last four months were obtained.Assume the population variances are equal.These amounts were as follows:
-Calculate the pooled sample variance.
Definitions:
Patented Technology
A piece of technology that has been legally protected by a patent, granting its inventor exclusive rights to exploit it for a certain period of time.
Sustainable Competitive Advantage
A long-term advantage that a company possesses, which enables it to outperform its rivals consistently over time.
Online Ticketing
is a digital system for the distribution and sale of tickets for events, performances, or transportation through internet platforms.
Sustainable Competitive Advantage
A unique value or position a company maintains over its competitors that is difficult to replicate or overcome.
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