An Airline Wants to Select a Computer Software Package for Its

question 9

Multiple Choice

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, on the average, 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 given below. How should the data be analyzed?
Package 1: 12, 14, 9, 11, 16
Package 2: 2, 4, 7, 3, 1
Package 3: 10, 9, 6, 10, 12
Package 4: 7, 6, 6, 15, 12

• A) t test for the mean difference
• B) t test for the differences in means
• C) one-way ANOVA F test
• D) F test for differences in variances

Analyze the effects of input prices on the supply of goods.

Examine how changes in production technology affect market supply.

Know the impact of supply shifts on market outcomes.

Interpret graphical representations of changes in supply and quantity supplied.

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Definitions:

Rule of Client Confidentiality

An ethical rule within legal practice requiring attorneys to keep information relating to the representation of a client confidential unless the client gives informed consent to disclose it.

Property Settlement

The division of property between spouses on the termination of a marriage.

Client Confidentiality

An ethical principle requiring attorneys to keep information related to their clients secret and not disclose it without the client's consent.

Common Area

A space within a property or development that is available for use by all occupants or members, and not owned individually.