Travel & Leisure conducted a survey of affordable hotels in various European countries.2 The following list shows
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Travel & Leisure conducted a survey of affordable hotels in various European countries.2 The following list shows the prices (in U.S. dollars) for one night of a double hotel room at comparable paired hotels in France and Spain.
Conduct a test for equality of average hotel room prices in these two countries against a two-tailed alternative. Which country has less expensive hotels? Back your answer using statistical inference, including the p-value. What are the limitations of your analysis?
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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