A survey found that the average hotel room in New Orleans is $88.42 and the average room
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Question:
A survey found that the average hotel room in New Orleans is $88.42 and the average room rate in Phoenix is $80.61. Assume that the data were obtained from two samples of 50 hotels each and the standard deviations are $5.62 and $4.83, respectively.
At ? = .05, can it be concluded that there is a significant difference in the rates?
Related Book For
Marketing Research An Applied Orientation
ISBN: 978-0136085430
6th edition
Authors: Naresh K Malhotra
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