DATAfile IntHotels You may need to use the appropriate

Last updated: 11/28/2023

DATAfile IntHotels You may need to use the appropriate technology to answer this question Hotel room pricing changes over time but is there a difference between Europe hotel prices and U S hotel prices The file IntHotels contains changes in the hotel prices for 47 major European cities and 53 major U S cities t a On the basis of the sample results can we conclude that the mean change in hotel rates in Europe and the United States are different Develop appropriate null and alternative hypotheses Let the population mean change in hotel rates in Europe and let the population mean change in hotel rates in the United States Enter for as needed Ho H b Use a 0 01 Calculate the test statistic Round your answer to three decimal places Calculate the p value Round your answer to four decimal places p value What is your conclusion O Reject Ho The mean change in hotel rates in Europe and the United States are not different O Reject Ho The mean change in hotel rates in Europe and the United States are different Do not reject Ho The mean change in hotel rates in Europe and the United States are different O Do not reject Ho The mean change in hotel rates in Europe and the United States are not different