Question: a. State the null hypothesis to be tested. b. State the alternative hypothesis. 7) High airline occupancy rates on scheduled flights are essential to corporate

a. State the null hypothesis to be tested. b. State the alternative hypothesis. 7) High airline occupancy rates on scheduled flights are essential to corporate profitability. Suppose a scheduled flight must average at least 90% occupancy in order to be profitable. An analyst wants to examine the profitability of a specific route. She believes that the airline has a greater than 90% occupancy rate. She examines the record of the occupancy rate of one hundred, 10:00 A.M. flights from Atlanta to Houston. Of the 100 flights 92 had an occupancy rate of 90% or more. Use alpha =.05 a) Write the null and research hypotheses b) Is it a one tail or two tail test? c) Draw the acceptance and rejection regions d) Compute the Z statistic e) Test the analyst's hypothesis, 8) The average hourly pay for a sales person in a moderate size departmental store in Texas is $14/hour and the standard deviation of $2. You believe this is not the case and decide to conduct a study, now that
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
