Mean cost of hotel room in washington dc


The mean cost of hotel room in Washington DC is said to have always been $100 a night. You desire to run hypothesis test to see if there has been change in the hotel rate. You take random sample of 25 hotels and get sample mean of $110 per night. Your sample standard deviation comes back as $5. Test using .05 level of significance. If you use this information, you will reject the null hypothesis that the population mean is equal to $100.

A. True

B. False

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Basic Statistics: Mean cost of hotel room in washington dc
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