A travel company is investigating whether the average cost of a hotel stay in a certain city has increased over the past year. The company recorded the cost of a one-night stay for a Friday night in January of the current year and in the previous year for 31 hotels selected at random. The difference in cost (current year minus previous year) was calculated for each hotel. Which of the following is the appropriate test for the company's investigation? A A one-sample z-test for a population mean B A one-sample t-test for a sample mean A one-sample z-test for a population proportion D A matched-pairs t-test for a mean difference E A two-sample t-test for a difference between means

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
A travel company is investigating whether the average cost of a hotel stay in a certain city has increased over the past year. The company recorded the cost of a one-night stay for a Friday night
in January of the current year and in the previous year for 31 hotels selected at random. The difference in cost (current year minus previous year) was calculated for each hotel.
Which of the following is the appropriate test for the company's investigation?
A
A one-sample z-test for a population mean
B
A one-sample t-test for a sample mean
A one-sample z-test for a population proportion
A matched-pairs t-test for a mean difference
E
A two-samplet-test for a difference between means
Transcribed Image Text:A travel company is investigating whether the average cost of a hotel stay in a certain city has increased over the past year. The company recorded the cost of a one-night stay for a Friday night in January of the current year and in the previous year for 31 hotels selected at random. The difference in cost (current year minus previous year) was calculated for each hotel. Which of the following is the appropriate test for the company's investigation? A A one-sample z-test for a population mean B A one-sample t-test for a sample mean A one-sample z-test for a population proportion A matched-pairs t-test for a mean difference E A two-samplet-test for a difference between means
A marketing executive is investigating whether this year's advertising campaign has resulted in greater mean sales compared with last year's mean sales. The executive collects a random sample
of 100 customer orders from a large population of orders and calculates the sample mean and sample standard deviation.
Which of the following is the appropriate test for the executive's investigation?
A
A one-sample z-test for a population mean
A one-sample t-test for a population mean
A one-sample z-test for a population proportion
D
A two-sample t-test for a difference between means
A matched-pairs t-test for a mean difference
Transcribed Image Text:A marketing executive is investigating whether this year's advertising campaign has resulted in greater mean sales compared with last year's mean sales. The executive collects a random sample of 100 customer orders from a large population of orders and calculates the sample mean and sample standard deviation. Which of the following is the appropriate test for the executive's investigation? A A one-sample z-test for a population mean A one-sample t-test for a population mean A one-sample z-test for a population proportion D A two-sample t-test for a difference between means A matched-pairs t-test for a mean difference
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Data Collection, Sampling Methods, and Bias
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman