Question
As an analyst at American Airlines, your boss has asked you to evaluate the taxi out times built into the airline's schedule for departures out
As an analyst at American Airlines, your boss has asked you to evaluate the taxi out times built into the airline's schedule for departures out of Salt Lake International Airport.
Download attached operational data
for American Airlines (AA) out of Salt Lake International Airport (SLC) during the first quarter (January through March).
Calculate the mean, median, mode and standard deviation of taxi out times (taxi_out) using the =average(), =median(), =mode() and =stdev() functions in the Excel spreadsheet.
Answer the following questions about the implications on AA's operations at SLC.
Q1. What is the mean taxi out time in minutes for American Airlines (AA) flights departing Salt Lake City (SLC) in the first quarter (1Q) of 2015?(Round to the nearest 1/10th)
Q2 What is the median taxi out time in minutes for American Airlines (AA) flights departing Salt Lake City (SLC) in the first quarter (1Q) of 2015?
Q3 What is the mode of taxi out times in minutes for American Airlines (AA) flights departing Salt Lake City (SLC) in the first quarter (1Q) of 2015?
Q4. What is the standard deviation of taxi out times in minutes for American Airlines (AA) flights departing Salt Lake City (SLC) in the first quarter (1Q) of 2015? (Round to the nearest 1/10th)
Q5. Your boss would like to know how many minutes should be built into the 2016Q1 schedule for taxi out times at SLC.Which value would be the best to use for future schedules and why? Select all the true statements below.
Group of answer choices
Mean would be best because it represents the average taxi out time.
Median would be best because it represents the middle value of all taxi out times.
Mode would be best because it represents the most common taxi out times.
There is significant variation in taxi out times because the mean, median and mode are all not close.
The higher mean relative to median and mode indicates unusually long taxi times inflate the average.
The median and mode are both within one standard deviation of the mean, implying that they are not unusual taxi out times.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started