Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Amtrak launched its high-speed train, the Acela in December 1000.Not only is it the only high-speed line in the United States, but it currently is

Amtrak launched its high-speed train, the Acela in December 1000.Not only is it the only high-speed line in the United States, but it currently is the only Amtrak line to operate at a profit.The Acela line generates about one quarter of Amtrak's entire revenue.The Acela is typically used by business professionals because of its fast travel times, high fares, business class seats, and free Wi-Fi.As a new member of the marketing department for Acela, you want to boost young ridership of the Acela.You examine a sample of last year's customers for whom you have demographic information and find that only 5% of last year's riders were 21 years old or younger, but of those, 90% used the Internet while on board as opposed to 37% of the riders older than 21 years.

-What kind of study is this?Can you conclude that Internet use is a factor in deciding to take the Acela?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

WebAssign For College Algebra With Applications For Business And Life Sciences

Authors: Ron Larson

2nd Edition

1337768278, 9781337768276

More Books

Students also viewed these Mathematics questions

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

The relevance of the information to the interpreter

Answered: 1 week ago