EBK STATISTICS FOR BUSINESS & ECONOMICS
13th Edition
ISBN: 8220101456380
Author: Anderson
Publisher: CENGAGE L
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Textbook Question
Chapter 14.7, Problem 43E
A 2012 suvey conducted by Idea Works provided data showing the percentage of seats available when customers try to redeem points or miles for free travel. For each airline listed, the column labeled 2011 Percentage shows the percentage of seats available in 2011 and the column labeled 2012 shows the correponding percentage in 2012 (The Wall street Journal, May 17, 2012).
| Airline | 2011 Percentage |
2012 Percentage |
| AirBerlin | 96.4 | 100.0 |
| Air Canada | 82.1 | 78.6 |
| Air France, KLM | 65.0 | 55.7 |
| AirTran Airways | 47.1 | 87.1 |
| Alaska Airlines | 64.3 | 59.3 |
| American Airlines | 62.9 | 45.7 |
| British Airways | 61.4 | 79.3 |
| Cathay Pacific | 66.4 | 70.7 |
| Delta Air Lines | 27.1 | 27.1 |
| Emirates | 35.7 | 32.9 |
| GOL Airlines (Brazil) | 100.0 | 97.1 |
| Iberia | 70.7 | 63.6 |
| JetBlue | 79.3 | 86.4 |
| Lan (Chile) | 75.7 | 78.6 |
| Lufthansa, Swiss, Austrian | 85.0 | 92.1 |
| Qantas | 75.0 | 78.6 |
| SAS Scandinavian | 52.9 | 57.9 |
| Singapore Airlines | 90.7 | 90.7 |
| Southwest | 99.3 | 100.0 |
| Turkish Airways | 49.3 | 38.6 |
| United Airlines | 71.4 | 87.1 |
| US Airways | 25.7 | 33.6 |
| Virgin Australia | 91.4 | 90.0 |
- a. Develop a
scatter diagram with 2011 Percentage as the independent variable. - b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
- c. Develop the estimated regression equation.
- d. Test for a significant relationship. Use α = .05.
- e. Did the estimated regression equation provide a good fit?
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Chapter 14 Solutions
EBK STATISTICS FOR BUSINESS & ECONOMICS
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Ch. 14.2 - To help consumers in purchasing a laptop computer,...Ch. 14.2 - Concur Technologies, Inc., is a large...Ch. 14.2 - To the Internal Revenue Service, the...Ch. 14.2 - A large city hospital conducted a study to...Ch. 14.3 - The data from exercise 1 follow. xi 1 2 3 4 5 yi 3...Ch. 14.3 - The data from exercise 2 follow. xi 3 12 6 20 14...Ch. 14.3 - The data from exercise 3 follow. xi 2 6 9 13 20 yi...Ch. 14.3 - The following data show the brand, price (), and...Ch. 14.3 - In exercise 7 a sales manager collected the...Ch. 14.3 - Bicycling, the worlds leading cycling magazine,...Ch. 14.3 - An important application of regression analysis in...Ch. 14.3 - Refer to exercise 9, where the following data were...Ch. 14.5 - The data from exercise 1 follow. xi 1 2 3 4 5 yi 3...Ch. 14.5 - The data from exercise 2 follow. xi 3 12 6 20 14...Ch. 14.5 - The data from exercise 3 follow. xi 2 6 9 13 20 yi...Ch. 14.5 - In exercise 18 the data on price () and the...Ch. 14.5 - To identify high-paying jobs for people who do not...Ch. 14.5 - In exercise 8 ratings data on x = the quality of...Ch. 14.5 - Refer to exercise 21, where data on production...Ch. 14.5 - Refer to exercise 9, where the following data were...Ch. 14.5 - In exercise 20, data on x = weight (pounds) and y...Ch. 14.6 - The data from exercise 1 follow. xi 1 2 3 4 5 yi 3...Ch. 14.6 - The data from exercise 2 follow. xi 3 12 6 20 14...Ch. 14.6 - The data from exercise 3 follow. xi 2 6 9 13 20 yi...Ch. 14.6 - The following data are the monthly salaries y and...Ch. 14.6 - In exercise 7, the data on y = annual sales (...Ch. 14.6 - In exercise 13, data were given on the adjusted...Ch. 14.6 - Refer to exercise 21, where data on the production...Ch. 14.6 - In exercise 12, the following data on x = average...Ch. 14.7 - The commercial division of a real estate firm is...Ch. 14.7 - Following is a portion of the computer output for...Ch. 14.7 - A regression model relating x, number of...Ch. 14.7 - A 2012 suvey conducted by Idea Works provided data...Ch. 14.7 - Automobile racing, high-performance driving...Ch. 14.8 - Given are data for two variables, x and y. xi 6 11...Ch. 14.8 - The following data were used in a regression...Ch. 14.8 - Data on advertising expenditures and revenue (in...Ch. 14.8 - Refer to exercise 7, where an estimated regression...Ch. 14.8 - In 2011 home prices and mortgage rates dropped so...Ch. 14.9 - Consider the following data for two variables, x...Ch. 14.9 - Consider the following data for two variables, x...Ch. 14.9 - Charity Navigator is Americas leading independent...Ch. 14.9 - Many countries, especially those in Europe, have...Ch. 14.9 - Prob. 54ECh. 14 - Does a high value of r2 imply that two variables...Ch. 14 - In your own words, explain the difference between...Ch. 14 - What is the purpose of testing whether 1 = 0? If...Ch. 14 - The Dow Jones Industrial Average (DJIA) and the...Ch. 14 - Is the number of square feet of living space a...Ch. 14 - One of the biggest changes in higher education in...Ch. 14 - Jensen Tire Auto is in the process of deciding...Ch. 14 - In a manufacturing process the assembly line speed...Ch. 14 - A sociologist was hired by a large city hospital...Ch. 14 - The regional transit authority for a major...Ch. 14 - A marketing professor at Givens College is...Ch. 14 - The Transactional Records Access Clearinghouse at...Ch. 14 - The Toyota Camry is one of the best-selling cars...Ch. 14 - You have been assigned to analyze the risk...Ch. 14 - As part of a study on transportation safety, the...Ch. 14 - Consumer Reports tested 166 different...Ch. 14 - Finding the Best Car Value When trying to decide...Ch. 14 - Buckeye Creek Amusement Park is open from the...
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