Question: 1 . Calculate Cost due to Utilization for every flight in the dataset, depending on which airline operated the flight. Are there any variables other
Calculate Cost due to Utilization for every flight in the dataset, depending on which airline
operated the flight. Are there any variables other than Airline which affect average airline Costs
due to Utilization? What effect do they have?
a Using your statistical tool document, what tool would be best to answer this question?
points
b What data would you need to answer this question fully? point
c Answer the questions associated with the tool you chose. points
Corporate is concerned that your average utilization is off. But they think they can control it
using advertising. They want to know what the average utilizations are for flights, cut by the
advertising method used. But be careful, your data is just a sample. What do you think these
numbers will in the long term?
a Using your statistical tool document, what tool would be best to answer this question?
points
b What data would you need to answer this question fully? point
c Answer the questions associated with the tool you chose. points
In the industry, flights are properly utilized if they are within of their target. That is if the
target was they would be properly utilized if they were within the range. What
fraction of flights in your sample were properly utilized for your airline? Your competitor? Who
is doing better in that regard?
a Using your statistical tool document, what tool would be best to answer this question?
points
b What data would you need to answer this question fully? point
c Answer the questions associated with the tool you chose. points
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