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GTRE
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A survey of hotels found that the average hotel room rate in New Orleans is $88.42 and the average room rate in Phoenix is $80.61. The survey sampled 50 hotels in each city. The standard deviations were $5.62 and $4.83, respectively. At alpha=.05, it can be concluded that there is a significant different in the rates?


  7.45
  -1.96
  1.96
  -7.45
 

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a super excellent answer with good explanation
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  • Posted on Jul. 20, 2012 at 07:35:13AM
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tonyshifly2
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A:
Preview: ... 3^2/50)=7.45. Therefore, the test value is 7.45. At ...

The full tutorial is about 31 words long .
 
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  • Posted on Jul. 20, 2012 at 07:45:01AM
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arenasshuai
 
A:
Preview: ... significant different in the rates?   7.45   -1.96   1.96   -7.45 Solution: Sw = sqrt[(49*5.62^2 + 49*4.83^ ...

The full tutorial is about 88 words long .