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The domestic airfare for business travel for the current year and the previous year was reported. A sample of 12 flights with their domestic airfares shown for both years is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Ho: 1-2 0 H₂:41-42 0 What are the t-value, degrees of freedom, and p-value t-value Degrees of freedom p-value (to 4 decimals) Using a .05 level of significance, what is your conclusion? We (to 4 decimals) Current Year: $ Previous Year: $ that there has been a significance increase in business travel airfares over the one-year period. b. What is the sample mean domestic airfare for business travel for each year? (to 2 decimals) (to 2 decimals) c. What is the percentage change in the airfare for the one-year period? % (to 2 decimals)

The domestic airfare for business travel for the current year and the previous year was reported. A sample of 12 flights with their domestic airfares shown for both years is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak X Open spreadsheet a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Ho: 1-2 0 H₂:41-42 0 What are the t-value, degrees of freedom, and p-value t-value Degrees of freedom p-value (to 4 decimals) Using a .05 level of significance, what is your conclusion? We (to 4 decimals) Current Year: $ Previous Year: $ that there has been a significance increase in business travel airfares over the one-year period. b. What is the sample mean domestic airfare for business travel for each year? (to 2 decimals) (to 2 decimals) c. What is the percentage change in the airfare for the one-year period? % (to 2 decimals)

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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Excel template - Saved D2 123456789UINH 10 11 15 16 78 File 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 วา < Home Ú A Current Year 204 540 486 612 309 615 630 387 309 525 300 552 = Data Insert Arial Draw Page Layout + ✓ 10 V B Formulas ☆ Search (Option + Q) Part c One-year Increase Data fx After reading these instructions delete all text in this shaded area. B с D Previous Year 255 597 279 432 285 513 570 597 414 369 210 360 Percentage Change Review Can we conclude that there has been a significance increase in business travel airfares over the one-year period? (Enter "Can conclude" or "Cannot conclude") View v E Part a After reading these instructions delete all text in this shaded area. Use the XLMiner Analysis ToolPak to conduct your t-Test analysis. After deleting all text in this shaded area, set the output range in the ToolPak to the top left cell of this area (D2). Your t-Test analysis output should fit into this shaded area. ab Help General F G ←0 .00 Formula .00 →.0 H #N/A #N/A #N/A V Editing Σ ✓ P J Comments K
Transcribed Image Text:Excel template - Saved D2 123456789UINH 10 11 15 16 78 File 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 วา < Home Ú A Current Year 204 540 486 612 309 615 630 387 309 525 300 552 = Data Insert Arial Draw Page Layout + ✓ 10 V B Formulas ☆ Search (Option + Q) Part c One-year Increase Data fx After reading these instructions delete all text in this shaded area. B с D Previous Year 255 597 279 432 285 513 570 597 414 369 210 360 Percentage Change Review Can we conclude that there has been a significance increase in business travel airfares over the one-year period? (Enter "Can conclude" or "Cannot conclude") View v E Part a After reading these instructions delete all text in this shaded area. Use the XLMiner Analysis ToolPak to conduct your t-Test analysis. After deleting all text in this shaded area, set the output range in the ToolPak to the top left cell of this area (D2). Your t-Test analysis output should fit into this shaded area. ab Help General F G ←0 .00 Formula .00 →.0 H #N/A #N/A #N/A V Editing Σ ✓ P J Comments K
The domestic airfare for business travel for the current year and the previous year was reported. A sample of 12 flights with their domestic airfares shown for both years is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak Open spreadsheet a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Ho: 1-2 ↑ 0 H₂ : 1 - 2 ↑ What are the t-value, degrees of freedom, and p-value t-value Degrees of freedom p-value We (to 4 decimals) Using a .05 level of significance, what is your conclusion? (to 4 decimals) Current Year: $ Previous Year: $ that there has been a significance increase in business travel airfares over the one-year period. b. What is the sample mean domestic airfare for business travel for each year? (to 2 decimals) (to 2 decimals) c. What is the percentage change in the airfare for the one-year period? % (to 2 decimals)
Transcribed Image Text:The domestic airfare for business travel for the current year and the previous year was reported. A sample of 12 flights with their domestic airfares shown for both years is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak Open spreadsheet a. Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for the one-year period. Ho: 1-2 ↑ 0 H₂ : 1 - 2 ↑ What are the t-value, degrees of freedom, and p-value t-value Degrees of freedom p-value We (to 4 decimals) Using a .05 level of significance, what is your conclusion? (to 4 decimals) Current Year: $ Previous Year: $ that there has been a significance increase in business travel airfares over the one-year period. b. What is the sample mean domestic airfare for business travel for each year? (to 2 decimals) (to 2 decimals) c. What is the percentage change in the airfare for the one-year period? % (to 2 decimals)
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