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Mathematics, 16.04.2020 17:03 laylay120

Suppose a scheduled airline flight must average at least 61% occupancy in order to be profitable to the airline. Occupancy rates were recorded daily for a regularly scheduled flight on each of 120 days, showing a mean occupancy per flight of 58% and a standard deviation of 10%.

If μ is the mean occupancy per flight and if the company wishes to determine whether or not this scheduled flight is unprofitable, give the alternative and the null hypotheses for the test.

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