STATISTICS F/BUSINESS+ECONOMICS-TEXT
STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Chapter 14.7, Problem 43E

A 2012 suvey conducted by Idea Works provided data showing the percentage of seats available when customers try to redeem points or miles for free travel. For each airline listed, the column labeled 2011 Percentage shows the percentage of seats available in 2011 and the column labeled 2012 shows the correponding percentage in 2012 (The Wall street Journal, May 17, 2012).

Airline

2011

Percentage

2012

Percentage

AirBerlin 96.4 100.0
Air Canada 82.1 78.6
Air France, KLM 65.0 55.7
AirTran Airways 47.1 87.1
Alaska Airlines 64.3 59.3
American Airlines 62.9 45.7
British Airways 61.4 79.3
Cathay Pacific 66.4 70.7
Delta Air Lines 27.1 27.1
Emirates 35.7 32.9
GOL Airlines (Brazil) 100.0 97.1
Iberia 70.7 63.6
JetBlue 79.3 86.4
Lan (Chile) 75.7 78.6
Lufthansa, Swiss, Austrian 85.0 92.1
Qantas 75.0 78.6
SAS Scandinavian 52.9 57.9
Singapore Airlines 90.7 90.7
Southwest 99.3 100.0
Turkish Airways 49.3 38.6
United Airlines 71.4 87.1
US Airways 25.7 33.6
Virgin Australia 91.4 90.0
  1. a. Develop a scatter diagram with 2011 Percentage as the independent variable.
  2. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
  3. c. Develop the estimated regression equation.
  4. d. Test for a significant relationship. Use α = .05.
  5. e. Did the estimated regression equation provide a good fit?
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Chapter 14 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT

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