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European City Change in Hotel Costs U.S. City Change in Hotel Costs Ljubljana -0.009 Birmingham 0.074 Hotel prices worldwide are projected to increase by 3%

European City Change in Hotel Costs U.S. City Change in Hotel Costs
Ljubljana -0.009 Birmingham 0.074 Hotel prices worldwide are projected to increase by 3% next year, but is there a difference between Europe and US? Suppose we have projectd changes in hotels cost for 47 randomly selected major European cities and 53 randomly selected major American Cities.
Geneva 0.000 Pittsburgh 0.089
Zagreb 0.060 Indianapolis -0.013
Stockholm 0.041 Norfolk 0.070
Tirana 0.082 Boston 0.077
Riga 0.076 Winston-Salem 0.074
Istanbul 0.021 Stockton 0.021
Bucharest 0.073 Laredo 0.024
Budapest 0.045 Corpus Christi 0.088 Part a
Minsk 0.023 Portland 0.020 On the basis of the sample results, can we conclude that the mean change in hotels rates in Europe and US are different ? Develop appropriate null and alternative hypotheses.
Rome 0.033 St. Paul 0.061
Antwerp 0.012 Memphis 0.086
Reykjavik -0.002 Virginia Beach 0.052
Dsseldorf 0.044 Newark -0.001
Krakw 0.071 Austin 0.077
Frankfurt -0.002 San Francisco 0.102
Vilnius 0.057 Greensboro 0.053 Part b
Timisora 0.005 Nashville-Davidson 0.030 Use alpha = 0.01, what is your conclusion?
Helsinki 0.072 Chicago 0.085
Odessa 0.084 El Paso 0.027
Pristina 0.006 Omaha 0.028
Tallin 0.039 San Diego 0.080
Banja Luka 0.082 Madison 0.105
Chisinau 0.015 Fort Worth 0.024
Belfast 0.032 Cincinnati 0.085
Zurich 0.041 Tampa 0.001
Copenhagen -0.005 Sacramento 0.000
Bratislava 0.020 Honolulu 0.047
Ankara 0.057 St. Petersburg 0.096
Athens 0.069 Lincoln 0.006
Brussels 0.059 Oakland 0.082
Kryvy Rig 0.073 St. Louis 0.064
Volgograd 0.038 Lubbock 0.018
Novi Sad 0.079 Wichita 0.003
Belgrade -0.016 New York City 0.043
Tblisi 0.052 Orlando 0.071
Zagreb -0.008 San Jose 0.079
Sarajevo 0.083 Atlanta 0.000
St Petersburg 0.071 Dallas 0.106
Kiev 0.012 Cleveland 0.015
Glasgow -0.004 Tulsa 0.102
Split 0.055 Baton Rouge 0.089
Sofia 0.057 Jacksonville 0.057
Amsterdam 0.019 Minneapolis 0.064
Skopje 0.053 Detroit -0.001
Vilnius 0.036 Los Angeles 0.027
Essen 0.055 Anchorage -0.021
Jersey 0.016
Washington 0.035
Durham 0.057
Phoenix 0.010
Anaheim -0.011
Philadelphia 0.020

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