AIRLINE INDUSTRY

INDIGO:
Testing Population Mean
Indigo
Yea
r
201
3
201
4
201
5

Null Hypothesis
(H0)

Alternate Hypothesis
(H1)

Ho0.22

H1>0.22

Ho=0.9

H10.9

Ho1.7

H1>1.7

P
value
0.573
3
0.002
5
0.638
2

Alternate
Pvalue
Hig
h
Low

3.6

Testing Population Variance

Indigo
Yea
r
201
3
201
4
201
5

Null Hypothesis
(H0)

Alternate Hypothesis
(H1)

P value

24

2>4

0.6443

2=36

236

26.6

2>6.6

Alternate
P value
Hig
h
Low

0.2172
0.9401

For Indigo in the year 2013 the P-value is greater than alpha value of 0.05 in
population mean and variance testing and hence the hypothesis on return value is
not rejected, hence there are chances that the company will have a return of

more than 0.22, which is a good sign for the investors.

In the year 2014 the P-value is greater than alpha value of 0.05 in population
mean and variance testing with higher value of 3.6 hence the hypothesis on return
value is not rejected, hence there are chances that the company will have a

return of more than 0.9, which will be a good sign for the investors.
In the year 2015 the P-value 0.6382 is greater than alpha value of 0.05 in
population mean and variance testing and hence the hypothesis on return value is
not rejected, hence there are chances that the company will have a return of

more than 1, which is a good sign for the investors.

JET AIRWAYS:
Testing Population Mean
Jet airways
Yea
r
201
3
201
4
201
5

Null
Hypothesis(H0)

Alternate Hypothesis (H1)

Ho0.9

H1>0.9

Ho=1

H11

Ho0.88

H1>0.88

P
value
0.006
9
0
0.520
6

Alternate
Pvalue
High Low
2.6
2.6
2.87

Testing Population Variance

Jet airways
Yea
r
201
3
201
4
201
5

Null
Hypothesis(H0)

Alternate Hypothesis
(H1)

P value

210.83

2>10.83

0.9047

2=10.09

210.09

0.1

215.13

2>15.13

0.1730

Alternate
Pvalue
High Low

For JetAirways in the year 2013 the P-value is less than alpha value of 0.05 in
population mean and variance testing and hence the hypothesis on return value is
rejected, higher value is 2.

In the year 2014 the P-value is less than alpha value of 0.05 in population mean
and variance testing and hence the hypothesis on return value is rejected .
In the year 2015 the P-value is less than alpha value of 0.05 in population mean
and variance testing and hence the hypothesis on return value is rejected .
SPICEJET:

Yea
r

Testing Population Mean

SpiceJet
Null
Alternate Hypothesis
Hypothesis(H0)
(H1)

P
value

Alternate
Pvalue

Hig
h
201
3
201
4
201
5

Yea
r
201
3
201
4
201
5

Ho=0.1

H10.1

0.31

Ho2

H1>2

0.89

Ho0.6

H1>0.6
Testing Population Variance
SpiceJet

Null
Hypothesis(H0)

Alternate Hypothesis
(H1)

2=25

225

281

2>81

216

2>16

Low

0.92

P value
0.000108
6
0.910049
12
0.719923
87

Alternate
Pvalue
High Low
51.84

11.8

For the year 2013 the P-value is greater than alpha value of 0.05 in population
mean and variance testing with p-value 0.31 hence the hypothesis on return value
is not rejected, hence there are chances that the company will have a return of

more than 0.5, which will be a good sign for the investors.
For Spicejet in the year 2014 the P-value is greater than alpha value of 0.05 in
population mean and variance testing and hence the hypothesis on return value is
not rejected, hence there are chances that the company will have a return of

more than 0.5, which is a good sign for the investors.

In the year 2015 the P-value is greater than alpha value of 0.05 in population
mean and variance testing and hence the hypothesis on return value is not rejected,
hence there are chances that the company will have a return of more than 1,

which is a good sign for the investors.