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A study suggests that airlines have increased restrictions on cheap fares by raising overnight requirements (The Wall Street Journal, August 19, 2008). This would force business travelers to pay more for their flights, since they tend to need the most flexibility and want to be home on weekends. Eight months ago, the overnight stay requirements were as follows:
A recent sample of flights found the following restrictions:
At the 5% significance level, what is the conclusion to the hypothesis test? Interpret your results.
Solution
VerifiedThe goodness-of-fit test is based on the fact that when the null hypothesis is true, the test statistic follows the distribution.
Therefore, the -value represents the area under the curve of the distribution to the right of the test statistic (we have calculated in the part that the test statistic is ).
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