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? 431 603 615 Flight scheduled one day in advance 575 247 264 274 301 Flight scheduled 30 days in advance Find the null and alternative hypotheses. OA. 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. OB. H: The median price is the same for both sets of prices. H,: The median price is not the same for both sets of prices. OC. Ho: There is a difference. (The median of the differences is not equal to 0.) H₁: There is no difference. (The median of the differences is 0.) O D. Ho: There is no difference. (The median of the differences is 0.) H₁: There is a difference. (The median of the differences is not equal to 0.) Find the test statistic. Find the critical value. The critical value is State the conclusion. H₂. There 1078 274 943 298 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. 547 286

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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?
+
431
247
Flight scheduled one day in advance
Flight scheduled 30 days in advance
Find the null and alternative hypotheses.
O A. Ho: The median price is not the same for both sets of prices.
H₁: The median price is the same for both sets of prices.
O B. Ho: The median price is the same for both sets of prices.
H₁: The median price is not the same for both sets of prices.
O C. Ho: There is a difference. (The median of the differences is not equal to 0.)
H₁: There is no difference. (The median of the differences is 0.)
O D. Ho: There is no difference. (The median of the differences is 0.)
H₁: There is a difference. (The median of the differences is not equal to 0.)
Find the test statistic.
x=0
Find the critical value.
The critical value is
State the conclusion.
Ho- There
603
264
615
274
1078
274
943
298
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.
575
301
547
286
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? + 431 247 Flight scheduled one day in advance Flight scheduled 30 days in advance Find the null and alternative hypotheses. O A. Ho: The median price is not the same for both sets of prices. H₁: The median price is the same for both sets of prices. O B. Ho: The median price is the same for both sets of prices. H₁: The median price is not the same for both sets of prices. O C. Ho: There is a difference. (The median of the differences is not equal to 0.) H₁: There is no difference. (The median of the differences is 0.) O D. Ho: There is no difference. (The median of the differences is 0.) H₁: There is a difference. (The median of the differences is not equal to 0.) Find the test statistic. x=0 Find the critical value. The critical value is State the conclusion. Ho- There 603 264 615 274 1078 274 943 298 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. 575 301 547 286
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