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The Global Business Travel Association reported the domestic airfare for business travel for the current year and the previous year. Formulate the hypotheses and test
The Global Business Travel Association reported the domestic airfare for business travel for the current year and the previous year. Formulate the hypotheses and test for the following with ?=?.??.
\fStep 1. Ho: Ha: Lower tail Upper tail Two tail test What distribution do you need to use? Step 2. a= Critical Value(s): Step 3. Test statistic: Step 4. Find the p-value and compare: Step 5. Compare the critical value: Reject the null? Yes No Step 6. Conclusion:Step 1. Ho: Ha: Lower tail Upper tail Two tail test What distribution do you need to use? Step 2. a= Critical Value(s): Step 3. Test statistic: Step 4. Find the p-value and compare: Step 5. Compare the critical value: Reject the null? Yes No Step 6. ConclusionStep by Step Solution
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