1 / 7

Confidence Interval for Difference in Mean Hotel Room Rates Between New Orleans and Phoenix

This analysis investigates the difference in average hotel room rates between New Orleans ($88.42) and Phoenix ($80.61). Utilizing sample data from 15 hotels in New Orleans with a standard deviation of $5.62 and 20 hotels in Phoenix, we will calculate the confidence interval for the difference in means. This will help assess whether there is a statistically significant difference in pricing, providing valuable insights for travelers and hotel managers in the respective cities.

barr
Télécharger la présentation

Confidence Interval for Difference in Mean Hotel Room Rates Between New Orleans and Phoenix

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    More Related