Question
The Global Business Travel Association (GBTA) reported the domestic airfare business travel for the current year and the previous year. Below is a sample of
The Global Business Travel Association (GBTA) reported the domestic airfare business travel for the current year and the previous year. Below is a sample of 6 flights with their domestic affairs (in $) shown for both years. Suppose GBTA wished to see if the average airfare for the current year is less than the average airfare for the previous year at a=.01
Current: 352 760 558 451 252 660
Previous: 348 749 548 456 253 640
For the hypothesis above, what is the P-Value?
A. .05 B. None are correct C. .95 D. .01 < P-Value < .025 E. .025< P-Value <.05
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