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A hotel chain has four hotels in Oregon. The general manager is interested in determining whether the mean length of stay is the same or different for the four hotels. She selects a random sample of n = 20 guests at each hotel and determines the number of nights they stayed. Assuming that she plans to test this using an alpha level equal to 0.05, which of the following is the appropriate alternative hypothesis?
Personal Gain
The benefit or advantage one receives or aims to receive from an action or investment, often measured in terms of financial or personal satisfaction.
Market System
A system of economics where the choices about investment, production, and distribution rely on the principles of supply and demand, and the pricing of goods and services is established freely in the market.
Business Risk
The potential for losses or less than expected returns stemming from the operational aspects of a business.
Macroeconomy
The study of the performance, structure, and behavior of an economy as a whole, including total national income, GDP, and inflation rates.
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