Expedia would like to test the hypothesis that the standard deviation for the roundtrip airfare between Philadelphia and Paris is higher for a flight originating in Philadelphia when compared to a flight originating in Paris. The following data summarizes the sample statistics for roundtrip flights originating in both cities. Originating City Philadelphia Paris Sample standard deviation $270 $240 Sample size 15 19 Test the hypothesis using α = 0.05.
Expedia would like to test the hypothesis that the standard deviation for the roundtrip airfare between Philadelphia and Paris is higher for a flight originating in Philadelphia when compared to a flight originating in Paris. The following data summarizes the sample statistics for roundtrip flights originating in both cities. Originating City Philadelphia Paris Sample standard deviation $270 $240 Sample size 15 19 Test the hypothesis using α = 0.05.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Expedia would like to test the hypothesis that the standard deviation for the roundtrip airfare between Philadelphia and Paris is higher for a flight originating in Philadelphia when compared to a flight originating in Paris. The following data summarizes the sample statistics for roundtrip flights originating in both cities.
Originating City | ||
Philadelphia | Paris | |
Sample standard deviation | $270 | $240 |
15 | 19 |
Test the hypothesis using α = 0.05.
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