An Airline Wants to Select a Computer Software Package for Its

question 142

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 five randomly selected weeks.(A total of 20 weeks was included in the experiment. ) The number of passengers bumped each week is given below. Package 1: 12,14,9,11,and 16 Package 2: 2,4,7,3,and 1
Package 3: 10,9,6,10,and 12 Package 4: 7,6,6,15,and 12
Which of the following tests is appropriate for testing the software's use?

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

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Definitions:

Total Debt

The sum of all owed by a company, including both short-term and long-term liabilities.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operating efficiency.

Total Assets

The sum of all assets owned by an entity at a given point, including current and non-current assets.