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Difference in the rates of cities

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A research showed that the average rate of renting a car in Marrakech is 884.2 dhs and the average in Casablanca is 806.1 dhs. The mentioned data was obtained by taking two samples of 50 rental agencies in each city and that the standard deviation of the population is 56.2 dhs and 48.3 dhs of Marrakech and Casablanca respectively. At α = 0.05, can it be concluded that there is a difference in the rates of both cities?

Reference no: EM131928079

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