Use the P-value method to perform the hypothesis test for the indicated exercise. Exercise 28 Data from
Question:
Use the P-value method to perform the hypothesis test for the indicated exercise.
Exercise 28
Data from Exercise 28:
A travel analyst claims that the standard deviation of the room rates for two adults at three-star hotels in Denver is at least $68. A random sample of 18 three-star hotels has a standard deviation of $40. At α = 0.01, is there enough evidence to reject the claim?
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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