Introduction to Probability and Statistics
Introduction to Probability and Statistics
14th Edition
ISBN: 9781133103752
Author: Mendenhall, William
Publisher: Cengage Learning
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Chapter 8.4, Problem 8.20E

Hotel Costs Even within a particular chain of hotels, lodging during the summer months can vary substantially depending on the type of room and the amenities offeredChapter 8.4, Problem 8.20E, Hotel Costs Even within a particular chain of hotels, lodging during the summer months can vary , example  1Suppose that we randomly select 50 billing statements from each of the computer databases of the Marriott, Westin, and the Doubletree hotel chains, and record the nightly room rates.

Chapter 8.4, Problem 8.20E, Hotel Costs Even within a particular chain of hotels, lodging during the summer months can vary , example  2

a. Describe the sampled population(s).

b. Find a point estimate for the average room rate for the Marriott hotel chain. Calculate the margin of error.

c. Find a point estimate for the average room rate for the Westin hotel chain. Calculate the margin of error.

d. Find a point estimate for the average room rate for the Doubletree hotel chain. Calculate the margin of error.

e. Display the results of parts b, c, and d graphically, using the form shown in Figure 8.5. Use this display to compare the average room rates for the three hotel chains.

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Chapter 8 Solutions

Introduction to Probability and Statistics

Ch. 8.4 - Prob. 8.13ECh. 8.4 - Prob. 8.14ECh. 8.4 - Prob. 8.15ECh. 8.4 - Prob. 8.16ECh. 8.4 - Prob. 8.18ECh. 8.4 - Prob. 8.19ECh. 8.4 - Hotel Costs Even within a particular chain of...Ch. 8.4 - Prob. 8.21ECh. 8.5 - Find and interpret a 95% confidence interval for a...Ch. 8.5 - Find a 90% confidence interval for a population...Ch. 8.5 - Prob. 8.26ECh. 8.5 - Prob. 8.27ECh. 8.5 - Prob. 8.28ECh. 8.5 - Prob. 8.29ECh. 8.5 - Compare the confidence intervals in Exercise 8.29....Ch. 8.5 - Prob. 8.31ECh. 8.5 - Prob. 8.32ECh. 8.5 - Prob. 8.33ECh. 8.5 - Prob. 8.34ECh. 8.5 - Prob. 8.35ECh. 8.5 - Prob. 8.36ECh. 8.5 - Prob. 8.38ECh. 8.5 - What’s Normal? What is normal, when it comes to...Ch. 8.5 - Prob. 8.40ECh. 8.6 - Independent random samples were selected from...Ch. 8.6 - Prob. 8.42ECh. 8.6 - Prob. 8.43ECh. 8.6 - Prob. 8.44ECh. 8.6 - Prob. 8.45ECh. 8.6 - Prob. 8.46ECh. 8.6 - Prob. 8.47ECh. 8.6 - Prob. 8.48ECh. 8.6 - Prob. 8.49ECh. 8.6 - Prob. 8.50ECh. 8.6 - Hotel Costs Refer to Exercise 8.20. The means and...Ch. 8.6 - Noise and Stress To compare the effect of stress...Ch. 8.6 - Prob. 8.53ECh. 8.7 - Prob. 8.54ECh. 8.7 - Prob. 8.55ECh. 8.7 - Prob. 8.56ECh. 8.7 - Prob. 8.58ECh. 8.7 - Prob. 8.61ECh. 8.7 - Prob. 8.64ECh. 8.7 - Prob. 8.65ECh. 8.7 - Prob. 8.66ECh. 8.9 - Prob. 8.67ECh. 8.9 - Prob. 8.68ECh. 8.9 - Prob. 8.69ECh. 8.9 - Prob. 8.70ECh. 8.9 - Prob. 8.71ECh. 8.9 - Prob. 8.72ECh. 8.9 - Prob. 8.73ECh. 8.9 - Prob. 8.75ECh. 8.9 - Prob. 8.77ECh. 8.9 - Prob. 8.78ECh. 8.9 - Prob. 8.80ECh. 8.9 - Prob. 8.81ECh. 8.9 - Prob. 8.83ECh. 8 - Prob. 8.86SECh. 8 - Prob. 8.87SECh. 8 - Prob. 8.88SECh. 8 - Prob. 8.89SECh. 8 - Prob. 8.90SECh. 8 - Prob. 8.91SECh. 8 - Prob. 8.92SECh. 8 - Prob. 8.93SECh. 8 - Prob. 8.94SECh. 8 - Prob. 8.95SECh. 8 - Prob. 8.96SECh. 8 - Prob. 8.98SECh. 8 - Prob. 8.99SECh. 8 - Prob. 8.100SECh. 8 - Prob. 8.101SECh. 8 - Prob. 8.103SECh. 8 - Prob. 8.107SECh. 8 - Prob. 8.108SECh. 8 - Prob. 8.109SECh. 8 - Prob. 8.110SECh. 8 - Prob. 8.111SECh. 8 - Prob. 8.112SECh. 8 - Prob. 8.113SECh. 8 - Prob. 8.114SECh. 8 - Prob. 8.115SECh. 8 - Prob. 8.116SECh. 8 - Prob. 8.117SE
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