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
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
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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

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
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