FedEx and United Parcel Service (UPS) are the world's two leading cargo carriers by volume and revenue
Question:
a. Compute the sample mean and sample standard deviation for each airport.
b. What is the point estimate of the difference between the two population means? Interpret this value in terms of the higher-volume airport and a comparison of the volume difference between the two airports.
c. Develop a 95% confidence interval of the difference between the daily population means for the two airports.
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Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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