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Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the
Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least expensive hotel rooms. You have narrowed your choices to Atlanta and Houston. The table below contains samples of prices for rooms in Atlanta and Houston that are consistent with a SmartMoney survey conducted by Smith Travel Research. Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $39 in Atlanta and $29 in Houston. Atlanta Houston Atlanta Houston Atlanta Houston Atlanta Houston 75 100 60 60 120 105 115 85 100 115 120 55 60 110 80 60 80 100 75 65 115 135 65 110 100 130 110 125 125 120 125 55 95 90 60 140 770 90 110 140 110 135 150 75 85 140 125 60 110 95 95 110 150 65 55 95 115 70 70 120 85 565 75 60 60 125 85 140 60 125 110 95 115 100 115 65 145 55 Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston? Use a = 0.05 and null hypothesis is Ho MA MB0. Enter negative values as negative numbers. z value p-value We (to 2 decimals) (to 4 decimals) - Select your answer that the mean price of a hotel room in Atlanta is lower than the mean price of a hotel room in Houston.
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