European City Change in Hotel Costs U.S. City Change in Hotel Costs             Ljubljana -0.009 Birmingham 0.074 Hotel prices worldwide are projected to increase by 3% next year, but is there a difference between Europe and US? Suppose we have projectd changes in hotels cost for 47 randomly selected major European cities and 53 randomly selected major American Cities.   Geneva 0.000 Pittsburgh 0.089 Zagreb 0.060 Indianapolis -0.013 Stockholm 0.041 Norfolk 0.070 Tirana 0.082 Boston 0.077 Riga 0.076 Winston-Salem 0.074 Istanbul 0.021 Stockton 0.021 Bucharest 0.073 Laredo 0.024             Budapest 0.045 Corpus Christi 0.088 Part a            Minsk 0.023 Portland 0.020 On the basis of the sample results, can we conclude that the mean change in hotels rates in Europe and US are different ? Develop appropriate null and alternative hypotheses.  Rome 0.033 St. Paul 0.061 Antwerp 0.012 Memphis 0.086 Reykjavik -0.002 Virginia Beach 0.052             Düsseldorf 0.044 Newark -0.001             Kraków 0.071 Austin 0.077             Frankfurt -0.002 San Francisco 0.102             Vilnius 0.057 Greensboro 0.053 Part b            Timisora 0.005 Nashville-Davidson 0.030 Use alpha = 0.01, what is your conclusion?  Helsinki 0.072 Chicago 0.085             Odessa 0.084 El Paso 0.027             Pristina 0.006 Omaha 0.028             Tallin 0.039 San Diego 0.080             Banja Luka 0.082 Madison 0.105             Chisinau 0.015 Fort Worth 0.024             Belfast 0.032 Cincinnati 0.085             Zurich 0.041 Tampa 0.001             Copenhagen -0.005 Sacramento 0.000             Bratislava 0.020 Honolulu 0.047             Ankara 0.057 St. Petersburg 0.096             Athens 0.069 Lincoln 0.006             Brussels 0.059 Oakland 0.082             Kryvy Rig 0.073 St. Louis 0.064             Volgograd 0.038 Lubbock 0.018             Novi Sad 0.079 Wichita 0.003             Belgrade -0.016 New York City 0.043             Tblisi 0.052 Orlando 0.071             Zagreb -0.008 San Jose 0.079             Sarajevo 0.083 Atlanta 0.000             St Petersburg 0.071 Dallas 0.106             Kiev 0.012 Cleveland 0.015             Glasgow -0.004 Tulsa 0.102             Split 0.055 Baton Rouge 0.089             Sofia 0.057 Jacksonville 0.057             Amsterdam 0.019 Minneapolis 0.064             Skopje 0.053 Detroit -0.001             Vilnius 0.036 Los Angeles 0.027             Essen 0.055 Anchorage -0.021                 Jersey  0.016                 Washington 0.035                 Durham 0.057                 Phoenix 0.010                 Anaheim -0.011                 Philadelphia 0.020

European City Change in Hotel Costs U.S. City Change in Hotel Costs            
Ljubljana -0.009 Birmingham 0.074 Hotel prices worldwide are projected to increase by 3% next year, but is there a difference between Europe and US? Suppose we have projectd changes in hotels cost for 47 randomly selected major European cities and 53 randomly selected major American Cities.  
Geneva 0.000 Pittsburgh 0.089
Zagreb 0.060 Indianapolis -0.013
Stockholm 0.041 Norfolk 0.070
Tirana 0.082 Boston 0.077
Riga 0.076 Winston-Salem 0.074
Istanbul 0.021 Stockton 0.021
Bucharest 0.073 Laredo 0.024            
Budapest 0.045 Corpus Christi 0.088 Part a           
Minsk 0.023 Portland 0.020 On the basis of the sample results, can we conclude that the mean change in hotels rates in Europe and US are different ? Develop appropriate null and alternative hypotheses. 
Rome 0.033 St. Paul 0.061
Antwerp 0.012 Memphis 0.086
Reykjavik -0.002 Virginia Beach 0.052            
Düsseldorf 0.044 Newark -0.001            
Kraków 0.071 Austin 0.077            
Frankfurt -0.002 San Francisco 0.102            
Vilnius 0.057 Greensboro 0.053 Part b           
Timisora 0.005 Nashville-Davidson 0.030 Use alpha = 0.01, what is your conclusion? 
Helsinki 0.072 Chicago 0.085            
Odessa 0.084 El Paso 0.027            
Pristina 0.006 Omaha 0.028            
Tallin 0.039 San Diego 0.080            
Banja Luka 0.082 Madison 0.105            
Chisinau 0.015 Fort Worth 0.024            
Belfast 0.032 Cincinnati 0.085            
Zurich 0.041 Tampa 0.001            
Copenhagen -0.005 Sacramento 0.000            
Bratislava 0.020 Honolulu 0.047            
Ankara 0.057 St. Petersburg 0.096            
Athens 0.069 Lincoln 0.006            
Brussels 0.059 Oakland 0.082            
Kryvy Rig 0.073 St. Louis 0.064            
Volgograd 0.038 Lubbock 0.018            
Novi Sad 0.079 Wichita 0.003            
Belgrade -0.016 New York City 0.043            
Tblisi 0.052 Orlando 0.071            
Zagreb -0.008 San Jose 0.079            
Sarajevo 0.083 Atlanta 0.000            
St Petersburg 0.071 Dallas 0.106            
Kiev 0.012 Cleveland 0.015            
Glasgow -0.004 Tulsa 0.102            
Split 0.055 Baton Rouge 0.089            
Sofia 0.057 Jacksonville 0.057            
Amsterdam 0.019 Minneapolis 0.064            
Skopje 0.053 Detroit -0.001            
Vilnius 0.036 Los Angeles 0.027            
Essen 0.055 Anchorage -0.021            
    Jersey  0.016            
    Washington 0.035            
    Durham 0.057            
    Phoenix 0.010            
    Anaheim -0.011            
    Philadelphia 0.020            
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