Which of the Following Airlines Is Generally Recognized as the First

question 2

Multiple Choice

Which of the following airlines is generally recognized as the first low-fare carrier in the United States:

• A) American Airlines.
• B) Alaska Airlines.
• C) Virgin Airlines.
• D) Southwest Airlines.
• E) JetBlue Airways.

---

Definitions:

Geometric Mean

A type of mean or average, which indicates the central tendency of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum).

Weighted Mean

The mean of a data set that accounts for the importance or weight of each value.

Population Parameter

A numerical value that describes a characteristic of an entire population, such as its mean or standard deviation.

Sample Statistic

A numerical measure that describes some characteristic of a sample, such as the sample mean or sample standard deviation.