Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.10 significance level to test the claim that there is no difference in cost petween flights scheduled one day in advance and those scheduled 30 days in advance. What appears to be a wise scheduling strategy? 618 624 1098 937 562 544 Flight scheduled one day in advance Flight scheduled 30 days in advance 464 249 253 262 260 266 313 283 Find the null and alternative hypotheses. O A. Ho: The median price is not the same for both sets of prices. H: The median price is the same for both sets of prices. O B. Ho: There is a difference. (The median of the differences is not equal to 0.) H: There is no difference. (The median of the differences is 0.) OC. Ho: There is no difference. (The median of the differences is 0.) H: There is a difference. (The median of the differences is not equal to 0.) O D. Ho: The median price is the same for both sets of prices. H. The median price is not the same for both sets of prices.

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ISBN:9781938168383
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Chapter9: Sequences, Probability And Counting Theory
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Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.10 significance level to test the claim that there is no difference in cost
between flights scheduled one day in advance and those scheduled 30 days in advance. What appears to be a wise scheduling strategy?
618
624
1098
937
562
544
Flight scheduled one day in advance
Flight scheduled 30 days in advance
464
253
262
260
266
313
283
249
Find the null and alternative hypotheses.
O A. Ho: The median price is not the same for both sets of prices.
H,: The median price is the same for both sets of prices.
O B. Ho: There is a difference. (The median of the differences is not equal to 0.)
H: There is no difference. (The median of the differences is 0.)
O C. Ho: There is no difference. (The median of the differences is 0.)
H: There is a difference. (The median of the differences is not equal to 0.)
O D. Ho: The median price is the same for both sets of prices.
H: The median price is not the same for both sets of prices.
Transcribed Image Text:Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.10 significance level to test the claim that there is no difference in cost between flights scheduled one day in advance and those scheduled 30 days in advance. What appears to be a wise scheduling strategy? 618 624 1098 937 562 544 Flight scheduled one day in advance Flight scheduled 30 days in advance 464 253 262 260 266 313 283 249 Find the null and alternative hypotheses. O A. Ho: The median price is not the same for both sets of prices. H,: The median price is the same for both sets of prices. O B. Ho: There is a difference. (The median of the differences is not equal to 0.) H: There is no difference. (The median of the differences is 0.) O C. Ho: There is no difference. (The median of the differences is 0.) H: There is a difference. (The median of the differences is not equal to 0.) O D. Ho: The median price is the same for both sets of prices. H: The median price is not the same for both sets of prices.
Find the test statistic.
Find the critical value.
The critical value is.
State the conclusion.
Ho. There
sufficient evidence to reject the claim that there is no difference in cost between flights scheduled one day in advance and those
scheduled 30 days in advance. The best strategy seems to be to schedule your flight
in advance.
Transcribed Image Text:Find the test statistic. Find the critical value. The critical value is. State the conclusion. Ho. There sufficient evidence to reject the claim that there is no difference in cost between flights scheduled one day in advance and those scheduled 30 days in advance. The best strategy seems to be to schedule your flight in advance.
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