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According to a research institution, the average hotel price in a certain year was $105.12. Assume...
The answers are in red. Please explain all parts According to a research institution, the average...
The answers are in red. Please
explain all parts
According to a research institution, the average hotel price in a certain year was $101.47. Assume the population standard deviation is $18.00 and that a random sample of 36 hotels was selected. Complete parts a through d below. a. Calculate the standard error of the mean. 6- = $3 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $103? P(<$103)...
According to a research institution, the average hotel price in a certain year was $97.27. Assume...
According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard deviation is $23.00 and that a random sample of 43 hotels was selected. Complete parts a through d below. a. Calculate the standard error of the mean. out - = $ 3.51 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $99? P[<<$99) = (Round to four decimal places as...
According to a research institution, the average hotel price in a certain year was $100 21...
According to a research institution, the average hotel price in a certain year was $100 21 Assume the population standard deviation is $17 00 and that a random sample of 4 hotels was selected Complete parts a through d befow a, calculate the standard error of the mean Round to two decimal places as needed ) b. What is the probability that the sample mean will be less than $1027 X < $102) : (Round to four decimal places as...
According to a research institution, the average hotel price in a certain year was $91.76. Assume...
According to a research institution, the average hotel price in a certain year was $91.76. Assume the population standard deviation is $15.00 and that a random sample of 44 hotels was selected. Complete parts a through d below. a. Calculate the standard error of the mean. σx= (Round to two decimal places as needed.)
According to a research institution, men spent an average of $135.62 on Valentine's Day gifts in...
According to a research institution, men spent an average of $135.62 on Valentine's Day gifts in 2009. Assume the standard deviation for this population is $40 and that it is normally distributed. A random sample of 10 men who celebrate Valentine's Day was selected. Complete parts a through e. a. Calculate the standard error of the mean. sigma Subscript x overbarσ= (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less...
prioe in a certain year was $108.53. Assume the population standard deviation is $22.00 and that...
prioe in a certain year was $108.53. Assume the population standard deviation is $22.00 and that a random sample of 37 hotels was selected. Completo parts a through d below. a. Calculate the standard error of the mean. Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $1112 P(x<$111) Round to four decimal places as needed.) c. What is the probability that the sample mean will be more than...
According to a research institution, men spent an average of $136.89 on Valentine's Day gifts in...
According to a research institution, men spent an average of $136.89 on Valentine's Day gifts in 2009. Assume the standard deviation for this population is $40 and that it is normally distributed. A random sample of 10 men who celebrate Valentine's Day was selected. Complete parts a through e. a. Calculate the standard error of the mean. Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $130? P (x<$130)...
According to a recent survey, the average daily rate for a luxury hotel is $232.84. Assume...
According to a recent survey, the average daily rate for a luxury hotel is $232.84. Assume the daily rate follows a normal probability distribution with a standard deviation of $22.92. Complete parts a through d below. a. What is the probability that a randomly selected luxury hotel's daily rate will be less than $ 245? (Round to four decimal places as needed.) b. What is the probability that a randomly selected luxury hotel's daily rate will be more than $...
According to a certain organization, adults worked an average of 1,792 hours last year. Assume the...
According to a certain organization, adults worked an average of 1,792 hours last year. Assume the population standard deviation is 410 hours and that a random sample of 50 adults was selected. Complete parts a through e below. O = 57.98 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be more than 1,820 hours? P(X>1,820) = .3146 (Round to four decimal places as needed.) c. What is the probability that the...
% 7.4.12-T Question Help Assume the average price for a movie is $11.62. Assume the population...
% 7.4.12-T Question Help Assume the average price for a movie is $11.62. Assume the population standard deviation is $0.55 and that a sample of 36 theaters was randomly selected. Complete parts a through d below. a. Calculate the standard error of the mean. 0- = 5.0917 (Round to four decimal places as needed.) b. What is the probability that the sample mean will be less than $11.79? P(x<$11.79) = 9678 (Round to four decimal places as needed.) c. What...
The answers are in red. Please
explain all parts
According to a research institution, the average hotel price in a certain year was $101.47. Assume the population standard deviation is $18.00 and that a random sample of 36 hotels was selected. Complete parts a through d below. a. Calculate the standard error of the mean. 6- = $3 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $103? P(<$103)...
According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard deviation is $23.00 and that a random sample of 43 hotels was selected. Complete parts a through d below. a. Calculate the standard error of the mean. out - = $ 3.51 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $99? P[<<$99) = (Round to four decimal places as...
According to a research institution, the average hotel price in a certain year was $100 21 Assume the population standard deviation is $17 00 and that a random sample of 4 hotels was selected Complete parts a through d befow a, calculate the standard error of the mean Round to two decimal places as needed ) b. What is the probability that the sample mean will be less than $1027 X < $102) : (Round to four decimal places as...
prioe in a certain year was $108.53. Assume the population standard deviation is $22.00 and that a random sample of 37 hotels was selected. Completo parts a through d below. a. Calculate the standard error of the mean. Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $1112 P(x<$111) Round to four decimal places as needed.) c. What is the probability that the sample mean will be more than...
According to a research institution, men spent an average of $136.89 on Valentine's Day gifts in 2009. Assume the standard deviation for this population is $40 and that it is normally distributed. A random sample of 10 men who celebrate Valentine's Day was selected. Complete parts a through e. a. Calculate the standard error of the mean. Round to two decimal places as needed.) b. What is the probability that the sample mean will be less than $130? P (x<$130)...
According to a certain organization, adults worked an average of 1,792 hours last year. Assume the population standard deviation is 410 hours and that a random sample of 50 adults was selected. Complete parts a through e below. O = 57.98 (Round to two decimal places as needed.) b. What is the probability that the sample mean will be more than 1,820 hours? P(X>1,820) = .3146 (Round to four decimal places as needed.) c. What is the probability that the...
% 7.4.12-T Question Help Assume the average price for a movie is $11.62. Assume the population standard deviation is $0.55 and that a sample of 36 theaters was randomly selected. Complete parts a through d below. a. Calculate the standard error of the mean. 0- = 5.0917 (Round to four decimal places as needed.) b. What is the probability that the sample mean will be less than $11.79? P(x<$11.79) = 9678 (Round to four decimal places as needed.) c. What...
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