![subject](/tpl/images/cats/mat.png)
Mathematics, 26.06.2020 16:01 drdeb7766
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 with a standard deviation of $16.
a) Formulate the null and alternative hypotheses to determine whether or not the average room price is significantly different from $112.
b) Compute the test statistic.
c) Using the p-value approach, what is your conclusion? Let alpha = .05.
d) Using the critival value approach, what is your conclusion? Let alpha = .05.
e) Write a concluding statement based on your answers above.
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
![image](/tpl/images/cats/mat.png)
Mathematics, 22.06.2019 00:00, kenzielema12
Suppose that g(x)=f(x+9) which statement best compares the graph of g(x) with the graph of f(x)
Answers: 3
![image](/tpl/images/cats/mat.png)
You know the right answer?
In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selecte...
Questions in other subjects:
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 11.08.2021 01:00
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.08.2021 01:00
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.08.2021 01:00
![Konu](/tpl/images/cats/ekonomika.png)