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 hotel rooms. You have narrowed your choices to Atlanta and Houston. The table below contains samples of prices for rooms in Atlanta and Houston that are consistent with a SmartMoney survey conducted by Smith Travel Research. 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 $37 in Atlanta and $26 in Houston. Atlanta Houston Atlanta Houston Atlanta Houston Atlanta Houston 115 150 110 70 75 60 65 145 120 80 95 85 80 115 75 130 90 125 110 105 125 55 100 110 85 100 60 125 95 110 80 130 95 120 95 120 100 110 105 85 85 65 150 125 105 65 06 95 55 120 120 120 70 80 95 95 85 100 60 100 90 120 65 120 85 105 110 85 75 70 105 80 125 80 70 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 = 0.05 and null hypothesis is Ho : HA - HB 20. Enter negative values as negative numbers. z value (to 2 decimals) p-value (to 4 decimals) We e - Select your answer - v 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

Section: Chapter Questions

Problem 1P

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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 hotel rooms. You have narrowed your choices to Atlanta and Houston. The table below contains samples of prices for rooms in Atlanta and Houston that are consistent with a SmartMoney survey conducted by Smith Travel Research. 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 in Atlanta and in Houston.