Essay
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 $112. The population standard deviation is known to be $16. Use a .05 level of significance and determine whether or not the average room price is significantly different from $108.50.
Correct Answer:
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H0: ? = 108.50
Ha: ? ? 108.50 z...View Answer
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Correct Answer:
Verified
Ha: ? ? 108.50 z...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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