Based on an indication that mean daily car rental rates may be higher for Boston than for Dallas, a survey of eight car rental companies in Boston is taken and the sample mean car rental rate is $47, with a standard deviation of $3.Further,suppose a survey of nine car rental companies in Dallas results in a sample mean of $44 and a standard deviation of $3.Use α = .05 to test to determine whether the average daily car rental rates in Boston are significantly higher than those in Dallas. Assume car rental rates are normally distributed and the population variances are equal.

  • CreatedFebruary 19, 2015
  • Files Included
Post your question