Maurice Tutor

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Category > Management Posted 15 Feb 2018 My Price 3.00

round-trip discount fares

46.   For a recent year, the mean fare to fly from Charlotte, North Carolina, to Seattle, Wash- ington, on a discount ticket was $267. A random sample of round-trip discount fares on this route last month gives:

 

Text Box: $321    $286    $290    $330    $310    $250    $270    $280    $299    $265    $291    $275    $281

 

At the .01 significance level, can we conclude that the mean fare has increased? What is  the p-value?

 

 

 
 

Answers

(5)
Status NEW Posted 15 Feb 2018 09:02 PM My Price 3.00

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