TABLE 11-2 an Airline Wants to Select a Computer Software Package for Package

question 33

Multiple Choice

TABLE 11-2
An airline wants to select a computer software package for its reservation system. Four software packages (1, 2, 3, and 4) are commercially available. The airline will choose the package that bumps as few passengers as possible during a month. An experiment is set up in which each package is used to make reservations for 5 randomly selected weeks. (A total of 20 weeks was included in the experiment.) The number of passengers bumped each week is obtained, which gives rise to the following Excel output:

-Referring to Table 11-2, the among-group (between-group) mean squares is

• A) 8.525
• B) 70.8
• C) 212.4
• D) 637.2

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Definitions:

P/E Ratio

The price-to-earnings ratio, a valuation measure comparing the current share price of a company to its per-share earnings.

Shares Outstanding

The total number of a company's shares of stock that are owned by shareholders, including those held by institutional investors and restricted shares held by company insiders.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, by comparing current assets to current liabilities.

Current Liabilities

Short-term financial obligations that are due within one year or within a normal operating cycle.