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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
Partnership Interest
The share or portion of a partnership that is owned by one of the partners, representing the partner's stake in the partnership's assets, liabilities, and operations.
Co-ownership
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A term indicating the entitlement of an individual or entity to take part in certain activities or to have a share in certain rights or benefits.
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