Question
Thinking Critically About Statistics in Business Today Business Travel Findings from the Bureau of Transportation Statistics National Household Travel Survey revealed that more than 405
Thinking Critically About Statistics in Business Today Business Travel Findings from the Bureau of Transportation Statistics’ National Household Travel Survey revealed that more than 405 million long-distance business trips are taken each year in the United States. Over 80% of these business trips are taken by personal vehicle. Almost three out of four business trips are for less than 250 miles, and only about 7% are for more than 1000 miles. The mean one-way distance for a business trip in the United States is about 123 miles. Air travel accounts for 16% of all business travel. The maximum per diem cost of business travel to New York City is about $523, to Beijing is about $346, to Moscow is about $463, and to Paris is about $580. Seventy-seven percent of all business travelers are men, and 55% of business trips are taken by people in the 30- to 49-year-old age bracket. Forty-five percent of business trips are taken by people who have a household income of more than $75,000.
Things to Ponder
In light of the fact that 7% of business trips are for more than 1000 miles, why is the mean distance 123 miles? How do the 1000+ mile trips impact the mean?
It is reported here that the average per diem cost of business travel to New York City is about $523. Would the median or even the mode be more representative here? How might a measure of variability add insight?
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