Question: Suppose Hotels com would like to determine if daily hotel rates
Suppose Hotels.com would like to determine if daily hotel rates in Orlando, Florida, are different on Thanksgiving Day than they are on New Year’s Day. To test this, a random sample of hotel rooms in Orlando was selected. The room rates were recorded on both days and are as follows. These data can also be found in the Excel file room rates.xlsx.
Perform a hypothesis test using α = 0.10 to determine if the rates are different on the two days.
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