Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

George also believes that the mean of the average room rate in August for 4 stars hotels is smaller than the mean of the average

George also believes that the mean of the average room rate in August for 4 stars hotels is smaller than the mean of the average room rate in August for 5 stars hotels. 4.1 State the null and the alternative hypotheses. 4.2 Test the null hypothesis at α = 5%. Use a Student-t statistic and unequal variances in the two populations. 4.3 On the basis of your results, do you agree with George? Explain briefly

STARS 5
ARR_AUG
5
412
5
173
5
174
5
225
5
195
5
136
5
114
5
235
5
132
5
240
5
130
5
140
5
180
5
90
5
211
5
162
5
138
5
128
5
187
5
183
5
150
5
211
5
160
4
159
4
109
4
148
4
132
4
128
4
63
4
51
4
100
4
105
4
97
4
152
4
211
4
160
4
102
4
178
4
91
4
75
4
250
4
265
4
218
4
56
4
123
4
213
4
124
4
91
4
134
4
120
4
100
4
180

Step by Step Solution

3.42 Rating (155 Votes )

There are 3 Steps involved in it

Step: 1

ARRAUG 4 star ARRAUG 5 star 159 412 109 173 148 174 132 225 128 195 63 136 51 114 100 2... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statistics Picturing The World

Authors: Ron Larson, Betsy Farber

7th Edition

134683412, 978-0134683416

More Books

Students also viewed these Mathematics questions