A travel analyst claims that the standard deviation of the room rates for two adults at three-star

Question:

A travel analyst claims that the standard deviation of the room rates for two adults at three-star hotels in Denver is at least $68.

A random sample of 18 three-star hotels has a standard deviation of $40. At

α = 0.01, is there enough evidence to reject the claim?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: