Test claim that there is no difference in cost in flight


Assume the match pairs of data result in the given number of signs when the value of the second variable is subtracted from the corresponding value of the first variable. Use the sign test with a 0.05 significance level to test the null hypothesis of no difference.

Airline Fares Listed below are the cost (in dollars) of flights from New York (JFK) to San Francisco for US Air, Continental, Delta, United, American, Alaska, and Northwest. Use a 0.05 significance level to test the claim that there is no difference in cost between flights scheduled one day in advance and those schedule 30 days in advance. What appears to be a wise scheduling strategy?

Flight scheduled one day in advance 456 614 628 1088 943 567 536

Flight scheduled 30 days in advance 244 260 264 264 278 318 280

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Basic Statistics: Test claim that there is no difference in cost in flight
Reference No:- TGS0107924

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