room and the amenities offered. Suppose that we randomly select 50 billing statements from each of the computer databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard deviations for 50 billing statements from each of the computer databases of each of the three hotel chains are given in the table. Hotel A 140 Hotel B Sample Average ($) Sample Standard Deviation (a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B chains. (Use Hotel A - Hotel B. Round your answers to two decimal places.) $41.07 X to $ 17.9 175 Hotel C 22.4 105 12.6 (b) Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C chains. (Use Hotel B - Hotel C. Round your answers to two decimal places.) $ to $

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Even within a particular chain of hotels, lodging during the summer months can vary substantially depending on the type of
room and the amenities offered. Suppose that we randomly select 50 billing statements from each of the computer
databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard
deviations for 50 billing statements from each of the computer databases of each of the three hotel chains are given in the
table.
Hotel A
140
Hotel B
17.9
Sample Average ($)
Sample Standard Deviation
(a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B
chains. (Use Hotel A - Hotel B. Round your answers to two decimal places.)
$ 41.07
X to $
175
Hotel C
22.4
105
12.6
(b) Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C
chains. (Use Hotel B - Hotel C. Round your answers to two decimal places.)
$
to $
Transcribed Image Text:Even within a particular chain of hotels, lodging during the summer months can vary substantially depending on the type of room and the amenities offered. Suppose that we randomly select 50 billing statements from each of the computer databases of the Hotel A, the Hotel B, and the Hotel C chains, and record the nightly room rates. The means and standard deviations for 50 billing statements from each of the computer databases of each of the three hotel chains are given in the table. Hotel A 140 Hotel B 17.9 Sample Average ($) Sample Standard Deviation (a) Find a 95% confidence interval for the difference in the average room rates for the Hotel A and the Hotel B chains. (Use Hotel A - Hotel B. Round your answers to two decimal places.) $ 41.07 X to $ 175 Hotel C 22.4 105 12.6 (b) Find a 99% confidence interval for the difference in the average room rates for the Hotel B and the Hotel C chains. (Use Hotel B - Hotel C. Round your answers to two decimal places.) $ to $
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