In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $112. The population standard deviation is known to be $16. a. Which form of the hypotheses should be used to test whether or not the average room price is significantly different from $108.50?

H0:
-mu is greater than or equal to $108.50
mu is greater than $108.50
mu is less than $108.50mu is less than or equal to $108.50
mu is equal to $108.50mu is not equal to $108.50

Ha: -
-mu is greater than or equal to $108.50
mu is greater than $108.50mu is less than $108.50
mu is less than or equal to $108.50
mu is equal to $108.50mu is not equal to $108.50

b. Test to determine if whether or not the average room price is significantly different from $108.50, using an alpha level of .05.

Reject H0
or
Fail to reject H0