A sample of 64 hotels in Atlanta was selected in order to determine whether or not the average room price is significantly different from $110. The average price of the rooms in the sample was $112. The population standard deviation is known to be $16. Use a 0.05 level of significance. Use this information to answer Questions 14 to 15.

1.What should be the appropriate null and alternative hypotheses for the purpose of your analysis?

H subscript 0 colon mu not equal to 110 space v s. space H subscript a colon mu equals 110

H subscript 0 colon mu less or equal than 110 space v s. space H subscript a colon mu greater than 110

H subscript 0 colon mu greater or equal than 110 space v s. space H subscript a colon mu less than 110

H subscript 0 colon mu equals 110 space v s. space H subscript a colon mu not equal to 110

[2:11 PM]

1

[2:11 PM]

1

[2:11 PM]

2.What is the p-value for this test?

0.3174

0.1587

0.0456

0.0124