Sign In
Not register? Register Now!
Essay Available:
Pages:
5 pages/≈1375 words
Sources:
Check Instructions
Level:
Other
Subject:
Mathematics & Economics
Type:
Statistics Project
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 25.92
Topic:

Airline Occupancy Rates. Mathematics & Economics. Statistics Project (Statistics Project Sample)

Instructions:

Airline Occupancy Rates
High airline occupancy rates on scheduled flights are essential to corporate profitability.
Suppose a scheduled flight must average at least 60% occupancy in order to be profitable.
The occupancy rate for random thirty 10:00 A.M. flights from Atlanta to Dallas is shown on Table 1. Do the occupancy data for thirty flights suggest that this scheduled flight is unprofitable?
Table 1: Occupancy Rate
flights Occupancy Rate flights Occupancy Rate
1 60% 16 60%
2 50% 17 20%
3 55% 18 60%
4 60% 19 50%
5 70% 21 40%
6 50% 21 50%
7 80% 22 40%
8 40% 23 60%
9 70% 24 80%
10 60% 25 40%
11 30% 26 80%
12 40% 27 70%
13 50% 28 90%
14 70% 29 60%
15 80% 30 90%
A. Project Description:
Building on the content learned in class on hypothesis testing, you are asked to demonstrate understanding by drawing a conclusion on a problem using hypothesis testing.
You need to state your hypothesis; find or gather data and/or problem from your academic discipline; analyze the data; and draw conclusion from the data.
B. Procedures and Steps:
1. Select a topic or an area of interest from your academic discipline and set up hypotheses that you want to test. You may either find an existing problem with data or test your hypothesis by collecting data.
Examples:
• Does airline A have more average customers during the week of the Thanksgiving holiday than airline B?
• Is the machine A producing more average daily outputs than machine B?
• Did the students in class A perform better as a result of the treatment?
• Suppose a scheduled flight must average at least 60% occupancy in order to be profitable, and the occupancy rate for one hundred 10:00 A.M. flights from NYC to Dallas Texas was examined. Is the mean occupancy per flight unprofitable?
2. Submit a report that includes the following
• A brief description of the area and/or topic of interest
• Existing problem with data or your own data with a data collection method
• Hypotheses
• Analyses
• Conclusion

source..
Content:


Airline Occupancy Rates
Name:
Institutional Affiliation:
Airline Occupancy Rates
Introduction
Airline occupancy rates refer to the measurement of the capacity utilization that airlines use to determine their efficiency in filling seats and generating revenue. With the airlines having high fixed costs of operations, they depend on the sale of tickets to recover these costs.
Therefore, the occupancy rate is calculated by determining the ratio of passenger-kilometers to seat-kilometers on their routes. Passenger-kilometers refer to the total product of the number of flights, the entire length of the flights in kilometers, and the number of passengers on the flights. On the other hand, the seat-kilometers refer to the total product of the number of flights, the entire length of the flights in kilometers, and the number of available seats on those flights CITATION Ald15 \l 2057 (Alderighi, Nicolini, & Piga, 2015). Consequently, a larger occupancy rate translates to higher profitability for the airline.

...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

You Might Also Like Other Topics Related to standardized testing:

  • Cause and Effect Essay outlines. Education Assignment
    Description: The problem: I care about the problem of global warming. I am interested in discussing the impact of global warming on the survival of arctic organisms. Which arctic organisms: polar bear, arctic fox, and pink‐footed goose...
    1 page/≈275 words | APA | Education | Other (Not Listed) |
  • "What was the impact of the No Child Left Behind act? Bibliography
    Description: The article seeks to explain the effect the No Child Left Behind Act has on the various aspects used to measure leaning ability in a student. Presumably, this is because the school quality under the Act was defined by standardized test scores. The authors conducted a study on state test which...
    4 pages/≈1100 words | APA | Literature & Language | Annotated Bibliography |
  • "What was the impact of the No Child Left Behind act?
    Description: The article seeks to explain the effect the No Child Left Behind Act has on the various aspects used to measure leaning ability in a student. Presumably, this is because the school quality under the Act was defined by standardized test scores....
    11 pages/≈3025 words | APA | Literature & Language | Research Paper |
HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!