Question

In: Statistics and Probability

Cheap airline and Discount airline fly around the U.S. from their Hub in Sanford Florida. A...

Cheap airline and Discount airline fly around the U.S. from their Hub in Sanford Florida. A sample of two-way ticket price of 10 cities where these two companies fly is taken.

City Cheap Airline Discount Airline
Panama City, Florida

$230

$230

Reno, Nevada

$190

$230

Los Angeles, California

$100

$200

Syracuse, New York

$130

$99

Seattle, Washington

$230

$430

Miami, Florida

$170

$130

San Antonio, Texas

$220

$330

Chicago, Illinois

$100

$330

Atlanta, Georgia

$100

$130

Minneapolis, Minnesota

$230

$330



At 95 %, is there a statistical difference between these two populations?   

a. Not enough information is given to answer this question

b. The null hypothesis should be rejected

c.The null hypothesis should not be rejected

d.I have no idea

Solutions

Expert Solution

Sample 1 Sample 2 Difference = Sample 1 - Sample 2
230 230 0
190 230 -40
100 200 -100
130 99 31
230 430 -200
170 130 40
220 330 -110
100 330 -230
100 130 -30
230 330 -100
Average 170 243.9 -73.9
St. Dev. 57.735 108.591 91.56
n 10 10 10

Option B is correct choice

b. The null hypothesis should be rejected


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