1. A survey found that the average hotel room rate in Luzon is P2,300and the average room rate in Mindanao is P2,150. Assume that the data were obtained from two samples of 75 hotels in Luzon and 80 hotels in Mindanao and the standard deviations were P250 and P215, respectively. At can it be concluded that there is significant difference in rate? Solution: Step 1: State the hypotheses. Step 2: The level of significance and the critical region. = and Step 3: Compute the value of z test. Step 4: Decision rule. Step 5:Conclusion.

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1. A survey found that the average hotel room rate in Luzon is P2,300and the average
room rate in Mindanao is P2,150. Assume that the data were obtained from two samples
of 75 hotels in Luzon and 80 hotels in Mindanao and the standard deviations were P250
and P215, respectively.
At can it be concluded that there is significant difference in
rate?
Solution:
Step 1: State the hypotheses.
Step 2: The level of significance and the critical region. =
and
Step 3: Compute the value of z test.
Step 4: Decision rule.
Step 5:Conclusion.
Transcribed Image Text:1. A survey found that the average hotel room rate in Luzon is P2,300and the average room rate in Mindanao is P2,150. Assume that the data were obtained from two samples of 75 hotels in Luzon and 80 hotels in Mindanao and the standard deviations were P250 and P215, respectively. At can it be concluded that there is significant difference in rate? Solution: Step 1: State the hypotheses. Step 2: The level of significance and the critical region. = and Step 3: Compute the value of z test. Step 4: Decision rule. Step 5:Conclusion.
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