Solved

Use the Following Information for Questions:
a Bank Official µ1µ_1

Question 75

Multiple Choice

Use the following information for questions:
A bank official wants to assess if the average delays for two airlines are different.Let µ1µ_1 = average delay for Airline 1 and µ2µ_2 = average delay for Airline 2. A random sample of 10 flights for Airline 1 shows an average of 6 minutes delay with a standard deviation of 5 minutes. A random sample of 10 flights for Airline 2 shows an average of 12 minutes delay with a standard deviation of 5 minutes. Assume delay times are normally distributed, but do not assume the population variances are equal. Use the conservative "by hand" estimate for the degrees of freedom.
-Which of the following is an appropriate conclusion?


A) The average delay for Airline 1 does appear to be different than the average delay for Airline 2.
B) The results are not statistically significant so there is not enough evidence to conclude that the average delays are different.
C) The average delay for Airline 1 is at least 3 minutes less than for Airline 2.
D) None of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents