Dependence that exist between the type of ticket and flight

Assignment Help Business Economics
Reference no: EM13733659

A bloom berg business week subscriber study asked In the past 12 months when traveling for business what type of airline ticket did you purchase most often? a second question asked if the type of airline ticket purchased most often was for domestic or international travel. Sample data obtained are shown in the following table

(Domestic) first class 29 business class 95 economy class 518

(International) first class 22 business class 121 economy v class 135

a. using a .05 level of significance is the type of ticket purchased independent of the type of flight what is your conclusion

b. discuss any dependence that exist between the type of ticket and type of flight

Reference no: EM13733659

Questions Cloud

Actuarial table indicates-anticipated years in retirement : You want to retire in 35 years. The Actuarial table indicates that your anticipated years in retirement will be 20 years. If you anticipate the return on your investments will be 5% and you wish to get $100,000 per year in retirement, how much money ..
Environment for opportunities and threats to a company : Examining the external environment for opportunities and threats to a company, brand, and product is an essential step in the development of a marketing strategy
Sql server express edition and adventureworks : Assignment 1 SQL Server Express Edition and AdventureWorksLT2012 answer to Unit 3 is not provided for Questions 4 and 10 which I need, and Question 9 code returns no results (assignment requires Join statements which I was able to use). Please advise..
Describe the leadership style of the ceo : Analyze the CEO's leadership style and philosophy, and how the CEO's leadership style aligns with the culture.
Dependence that exist between the type of ticket and flight : A bloom berg business week subscriber study asked In the past 12 months when traveling for business what type of airline ticket did you purchase most often? a second question asked if the type of airline ticket purchased most often was for domestic o..
The jukebox will be capable of playing virtually any : For the Course Project, you are going to build your own personal jukebox. The jukebox will be capable of playing virtually any .WAV file in any order that you please. You will be supplied with a number of blues tunes and popular songs from the early ..
Ordering electronic component from three different supplier : Benson manufacturing company is considering ordering electronic components from three different suppliers. The supplier may differ in terms of quality in that the percentage of defective components may differ among the suppliers. To evaluate the prop..
What happens to production efficiency as the customer exerts : What happens to production efficiency as the customer exerts more influence on the system. What is a company trying to optimize in the most common approach to developing a workcenter layout
Identify several trends and developments in the business : After reading the article on Netflix posted under Course Content, identify several trends & developments in the various international business environments

Reviews

Write a Review

Business Economics Questions & Answers

  Q 1 the contracting and organizations research institute at

q. 1 the contracting and organizations research institute at the university of missouri maintain lots of interesting

  Illustrate can the oligopoly market structure make profit

Illustrate can the oligopoly market structure make profit for both consumers and businesses by forging common standards in industries that experience rapid technological change.

  A basic theory of underlying macroeconomic behavior

A basic theory of underlying macroeconomic behavior and therefore useful for making policy predictions. Briefly explain.

  Human capital theory predicts

Human capital theory predicts that women who plan on interrupting their work career will:

  The best estimate of this relationship is

If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors by themselves, have on export trade and why?

  Consider two mutually exclusive alternatives stated in year

Consider two mutually exclusive alternatives stated in year - 0 dollars. Both alternatives have a three - year life with no salvage value. Assume the inflation rate is 1.59 %, an income tax rate of 39 %, and straight - line depreciation. The MARR ..

  Holiday makers only want to fly into ontario

Have a lower value of a flight than business travellers. What pricing strategy options are available to the airline? In addition, what relationship between the two markets limits the airlines ability to raise price.

  Elucidate how does knowledge of price elasticity

Elucidate how does knowledge of price elasticity among different groups of clients or for various products enable managers to price discriminate or change different prices for these groups.

  Qreflect on the solow growth model by means of technology

q.reflect on the solow growth model by means of technology given by y zfk n k12n12 its savings rate is 0.2 moreover

  Johannas marginal cost is constant

Line segments will automatically connect the points. Remember to plot from left to right also plot among integers.

  Number of firms in market affect each firms demand curve

Elucidate how does N the number of firms in the market, affect each firms Demand curve. Explain why.

  Sketch the extensive form of the game

Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd