A travel agent is interested in the average price of a hotel room during the summer in a resort community. The agent randomly selects 20 hotels from the community and determines the price of a regular room with a king size bed. The average price of the room for the sample was $120 with a standard deviation of $35, Assume the prices are normally distributed. Construct an interval to estimate the true average price of a regular room with a king size bed in the resort community with 99% confidence. Round the endpoints to two decimal places, if necessary. Answer Lower Endpoint Upper Endpoint Keypad Keyboard Shortcuts m Tables
A travel agent is interested in the average price of a hotel room during the summer in a resort community. The agent randomly selects 20 hotels from the community and determines the price of a regular room with a king size bed. The average price of the room for the sample was $120 with a standard deviation of $35, Assume the prices are normally distributed. Construct an interval to estimate the true average price of a regular room with a king size bed in the resort community with 99% confidence. Round the endpoints to two decimal places, if necessary. Answer Lower Endpoint Upper Endpoint Keypad Keyboard Shortcuts m Tables
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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