Different home page for logged off users

Can you use this to redirect the logged out users?

<?php if ( !is_user_logged_in() { ?>
<?php wp_redirect( 'https://yourdomain.com.au/logoutpage', 302 ); exit; ?>
<?php } ?>

or this solution?
setting a specific home page for logged in users

Hata!: SQLSTATE[HY000] [1045] Access denied for user 'divattrend_liink'@'localhost' (using password: YES)