The Global Business Travel Association reported the domestic airfare for business travel for the current year and the previous year. Below is a sample of 12flights with their domestic airfares shown for both years. Do not round intermediate calculations.Current Year Previous YearCurrent Year Previous Year264303303513507567531339705426690336429489438333699591411207615675249441a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period.Ho : H1 - H2- Select your answer - ♥Ha : µ1 – 42- Select your answer - ♥0What is the p-value?t-value(to 3 decimals)Degrees of freedomp-value is- Select your answer -Using a 0.05 level of significance, what is your conclusion?We- Select your answer -that there has been a significance increase in business travel airfares over the one-year period.b. What is the sample mean domestic airfare for business travel for each year?Current Year $(to 2 decimals)Previous Year $(to 2 decimals)c. What is the percentage change in the airfare for the one-year period?% (to 2 decimals)

To formulate the hypothesis and test for a significant increase in the mean domestic airfare for…

The Global Business Travel Association reported the domestic airfare for business travel for the current year and the previous year. Below is a sample of 12 flights with their domestic airfares shown for both years. Do not round intermediate calculations. Current Year Previous Year Current Year Previous Year 264 303 303 513 507 567 531 339 705 426 690 336 429 489 438 333 699 591 411 207 615 675 249 441 a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Select your answer - v T1 – 11 : 0H 7H – InH : "H What is the p-value? Select your answer - V0 t-yalue (to 3 decimals)

The Global Business Travel Association reported the domestic airfare for business travel for the current year and the previous year. Below is a sample of 12 flights with their domestic airfares shown for both years. Do not round intermediate calculations. Current Year Previous Year Current Year Previous Year 264 303 303 513 507 567 531 339 705 426 690 336 429 489 438 333 699 591 411 207 615 675 249 441 a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Select your answer - v T1 – 11 : 0H 7H – InH : "H What is the p-value? Select your answer - V0 t-yalue (to 3 decimals)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.4: Collecting Data

Problem 6E

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