Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.05 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? 942 573 525 Flight scheduled one day in advance Flight scheduled 30 days in advance 460 610 617 1074 235 250 259 259 280 315 276 Find the null and alternative hypotheses. O A. Ho: There is a difference. (The median of the differences is not equal to 0.)

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Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.05 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?
1074
942
573
525
Flight scheduled one day in advance
Flight scheduled 30 days in advance
460
610
617
235
250
259
259
280
315
276
Find the null and alternative hypotheses.
O A. 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 B. 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 C. 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.
O D. 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.
Transcribed Image Text:Listed below are the costs (in dollars) of flights between two cities for different airlines. Use a 0.05 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? 1074 942 573 525 Flight scheduled one day in advance Flight scheduled 30 days in advance 460 610 617 235 250 259 259 280 315 276 Find the null and alternative hypotheses. O A. 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 B. 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 C. 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. O D. 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.
Listed below are the costs (in dollars) of flights between two cities for different airlines, Use a 0.05 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?
Flight scheduled one day in advance
Flight scheduled 30 days in advance
460
610
617
1074
942
573
525
235
250
259
259
280
315
276
H: The median price is 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
V in advance.
Transcribed Image Text:Listed below are the costs (in dollars) of flights between two cities for different airlines, Use a 0.05 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? Flight scheduled one day in advance Flight scheduled 30 days in advance 460 610 617 1074 942 573 525 235 250 259 259 280 315 276 H: The median price is 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 V in advance.
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