Question

La Quinta motor inns delevoped a computer model to predict the profitability of sites that are being considered as locations for new hotels,if the computer model predicts large profit,La Quinto buys a proposed sites and builds a new hotel,if the computer model predicts small or moderate profits,La Quinto choose not to proceed. This desicion making procedure can be expressed in the hypothesis treating framework .the null hypothesis is that the site is not a profitable location ,the alternative hypothesis is that the site is a profitable location .

Answer 1

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