[All Steps] A travel agency reported that a random sample of 30 couples vacationing in Jamaica for a week spent an average of $2,750 with a sample standard deviation


Question: A travel agency reported that a random sample of 30 couples vacationing in Jamaica for a week spent an average of $2,750 with a sample standard deviation of $100. A random sample of 30 couples vacationing in Bermuda spent an average of $3050 with a standard deviation of $250.

  1. What is an appropriate null hypothesis for the difference in the two means?
  2. At 90% confidence, what is the test statistic?
  3. What is the critical value?
  4. What is your conclusion concerning the null hypothesis?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in