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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? Flight scheduled one day in advance Flight scheduled 30 days in advance 451 248 604 258 Find the null and alternative hypotheses. OA. 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. OB. 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.) OC. 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. 620 1081 252 263 OD. 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.) 932 279 551 319 542 271 C

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 451 248 604 258 Find the null and alternative hypotheses. OA. 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. OB. 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.) OC. 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. 620 1081 252 263 OD. 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.) 932 279 551 319 542 271 C

MATLAB: An Introduction with Applications
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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K 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 451 248 604 258 Find the null and alternative hypotheses. OA. 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. OB. 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.) OC. 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. 620 1081 252 263 OD. 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.) 932 279 551 319 542 271
Transcribed Image Text:K 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 451 248 604 258 Find the null and alternative hypotheses. OA. 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. OB. 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.) OC. 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. 620 1081 252 263 OD. 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.) 932 279 551 319 542 271
Find the test statistic. X= Find the critical value. The critical value is State the conclusion. E B 219 319 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 in advance. 2/1
Transcribed Image Text:Find the test statistic. X= Find the critical value. The critical value is State the conclusion. E B 219 319 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 in advance. 2/1
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