A Suburban Realtor Is Studying Commuter Time in the Houston $\alpha$

question 22

Multiple Choice

A suburban realtor is studying commuter time in the Houston metropolitan area.She has been told the average weekday travel time from a southern suburb at 8:00am is 45 minutes.For five months she counts the number of days that it takes her more than 45 minutes to arrive in downtown when she leaves her house at 8:00am.She expects the data are uniformly distributed across the five months.Her sample of observed data yields the following frequencies 9 days, 15 days, 8 days, 11 days, 12 days.Using $\alpha$ = .01, the appropriate decision is _______.

• A)do not reject the null hypothesis that the observed distribution is uniform
• B)do not reject the null hypothesis that the observed distribution is not uniform
• C)reject the null hypothesis that the observed distribution is uniform
• D)reject the null hypothesis that the observed distribution is not uniform
• E)do nothing

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Definitions:

Market Price

The existing market price for buying or selling an asset or service.

Airline Flights

Scheduled services operated by airlines for the transportation of passengers and cargo between different destinations.

Market Price

The present cost at which a service or asset is available for purchase or sale in a specific market.

Airlines

Companies that provide air transport services for traveling passengers and freight.