Question

- In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $108.50. Let the population standard deviation of room price be $16.

a. Formulate the hypotheses to determine whether or not the average room price is significantly different from $110.

b. Compute the test statistic.

c. At 99% confidence using the p-value approach, test the hypotheses.

Answer #1

in order to determine the average price of hotel rooms is
Atlanta, a sample of 64 hotels was selected. it was determined that
the average price of the rooms in the sample was $ 112. the
population standard deviation is known to be $16. It was determined
that the average price of the rooms in the sample was $108.50
1. at 90% confidence using the p-value approach, test the
hypothesis. what is your conclusion and why?
2. repeat the hypothesis...

1. In order to determine the average price of hotel rooms in
Atlanta. Using a 0.1 level of significance, we would like to test
whether or not the average room price is significantly different
from $110. The population standard deviation is known to be $16. A
sample of 64 hotels was selected. The test statistic (z) is
calculated and it is 1.36. We conclude that the average price of
hotel rooms in Atlanta is NOT significantly different from $110.
(Enter...

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City A City B
Sample mean $81.97 $74.40
Sample standard deviation $10.63 $9.58
Sample size 40 45
Conduct the appropriate statistical test to determine if the
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a.
Develop the appropriate hypotheses for this problem.
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in the sample was 45 years with a standard deviation of 16 years.
Let α = .05.
13. State the null and the alternative hypotheses.
14. Compute the...

In the past, the average age of employees of a mid-sized
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13. State the null and the alternative hypotheses.
14. Compute the...

Question 7
You work for a hotel chain. You boss wants to
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to help her determine what she should charge for your chain's
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a local university, a sample of 49 evening students was
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Let 1 and 2 represent the mean cost of the populations...

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