Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least expensive rooms. You have narrowed your choices to Atlanta and Houston. The table containing samples of prices for rooms in Atlanta and Houston is provided in the Excel Online file below. Construct a spreadsheet to answer the following questions. Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $22.4 in Atlanta and $28.19 in Houston. Open spreadsheet Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston? Use a = .05 and null hypothesis is Ho Atlanta - Houston ≥ 0. z-value -1.49 (to 2 decimals) p-value 0.0694 (to 4 decimals) Reject the null hypothesis? Do not reject ✔ We cannot conclude that the mean price of a hotel room in Atlanta is lower than the mean price of a hotel room in Houston.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Population Standard Deviation
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P-value (to 4 decimals)
Significance Level (Alpha)
Hypothesis Decision (Enter "Reject" or "Do not reject")
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Transcribed Image Text:5 E2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 File 37 38 39 40 41 42 43 A A B Atlanta Houston 90 75 75 80 120 95 85 125 90 65 125 120 70 60 90 80 80 120 65 60 80 120 90 105 125 95 105 65 90 65 60 65 120 60 110 Home ||| = 115 150 110 120 105 65 60 60 90 55 75 140 120 60 65 80 135 95 130 110 80 95 120 70 115 55 65 100 70 70 115 115 75 135 110 65 145 95 65 80 Insert x Data Arial ✓ fx с + Mean Draw Page Layout ✓10 V D B Formulas Population Standard Deviation Test Statistic (to 2 decimals) P-value (to 4 decimals) Significance Level (Alpha) Hypothesis Decision (Enter "Reject" or "Do not reject") A Data E Atlanta Review 22.40 0.05 View v Houston F ab 28.19 Help G General H Formulas for Column E #N/A #N/A #N/A #N/A ←0 .00 .00 →.0 ▬▬▬▬▬ ▬▬▬▬ i V I Formulas for Column F #N/A J W K
Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least
expensive rooms. You have narrowed your choices to Atlanta and Houston. The table containing samples of prices for rooms in Atlanta and Houston is provided in the Excel Online file
below. Construct a spreadsheet to answer the following questions. Because considerable historical data on the prices of rooms in both cities are available, the population standard
deviations for the prices can be assumed to be $22.4 in Atlanta and $28.19 in Houston.
X
Open spreadsheet
Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston? Use
a = .05 and null hypothesis is
Ho Atlanta
Houston >0.
z-value -1.49
p-value 0.0694
Reject the null hypothesis? Do not reject
We cannot conclude
(to 2 decimals)
(to 4 decimals)
Check My Work
that the mean price of a hotel room in Atlanta is lower than the mean price of a hotel room in Houston.
Reset Problem
Transcribed Image Text:Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing a city for the convention that has the least expensive rooms. You have narrowed your choices to Atlanta and Houston. The table containing samples of prices for rooms in Atlanta and Houston is provided in the Excel Online file below. Construct a spreadsheet to answer the following questions. Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $22.4 in Atlanta and $28.19 in Houston. X Open spreadsheet Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston? Use a = .05 and null hypothesis is Ho Atlanta Houston >0. z-value -1.49 p-value 0.0694 Reject the null hypothesis? Do not reject We cannot conclude (to 2 decimals) (to 4 decimals) Check My Work that the mean price of a hotel room in Atlanta is lower than the mean price of a hotel room in Houston. Reset Problem
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