Question: Bottom question says approach test the hypothesis 4. (20 points) In order to determine the average price of hotel rooms in Atlanta, a sample of

Bottom question says approach test the hypothesis

4. (20 points) In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $108.50. Let the population standard deviation of room price be $16. a. (6 points) Formulate the hypotheses to determine whether or not the average room price is significantly different from $112. b. (7 points) Compute the test statistic. c. (7 points) At 99% confidence using the p-value

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