document.write( "Question 242739: A local paper reports that the average number of representatives per night at a local hotel is 500. Using alpha = .01 is this claim realistic? Use the given hotels reservations listed below: 713 300 292 311 598 401 618 \n" ); document.write( "
Algebra.Com's Answer #177694 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A local paper reports that the average number of representatives per night at a local hotel is 500. Using alpha = .01 is this claim realistic? Use the given hotels reservations listed below: 713 300 292 311 598 401 618 \n" ); document.write( "------------ \n" ); document.write( "Ho: u = 500 \n" ); document.write( "H1: u is not 500 \n" ); document.write( "---------------------- \n" ); document.write( "sample mean = 240.5 ; sample std = 120.59 \n" ); document.write( "----------------------- \n" ); document.write( "CV for 2-tail test, alpha = 1%, df = 6: t = -3.707 \n" ); document.write( "TS: t(240.5) = (240.5-500)/[120.59/sqrt(7)] = -5.693 \n" ); document.write( "Since the ts is in the reject interval, reject Ho. \n" ); document.write( "Looks like the average number is lower than 500. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |