A travel analyst claims that the mean room rates at a three-star hotel in Chicago is...
A travel analyst claims that the mean room rates at a
three-star hotel in Chicago is greater than $152. In a random
sample of 36 three-star hotel rooms in Chicago, the mean room rate
is $163 with a population standard deviation of $41. At α=0.10, can
you support the analyst’s claim using the p-value?
@See text pages 365-366
Claim is the null, fail to reject the null as p-value
(0.054) is less than alpha (0.10), and cannot support the
claim
Claim is the alternative, reject the null as p-value (0.054) is
less than alpha (0.10), and can support the claim
Claim is the null, reject the null as p-value (0.054) is less than alpha (0.10), and cannot support the claim
Claim is the alternative, fail to reject the null as
p-value (0.054) is less than alpha (0.10), and can support the
claim
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