QUESTION 4 Question 4-5 are based on the following information: A survey conducted by the American...
QUESTION 4
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Question 4-5 are based on the following information:
A survey conducted by the American Automobile Association showed that a family of four spends an average of $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $252.45 per day and a sample standard deviation of $70.00.
Develop a 95% confidence interval estimate of the mean amount spent per day by a family of four visiting Niagara Falls (to 2 decimals).
$115.25, $389.65
$198.45, $232.75
$235.30, $280.70
$235.30, $269.60
0.075 points
QUESTION 5
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Based on the confidence interval from part (a), does it appear that the population mean amount spent per day by families visiting Niagara Falls differs from the mean reported by the American Automobile Association?
Yes
No
Homework Answers
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QUESTION 4
Question 4-5 are based on the following
information:
A survey conducted by the American...
A survey conducted by the American Automobile Association showed that a family of four spends an...
A survey conducted by the American Automobile Association showed that a family of four spends an average of $215.60 per day while on vacation Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $252.45 per day and a sample standard deviation of $79.50 Devo a 95% confidence interval estimate of the mean amount spent per day by a family of four visiting Niagara Falls (to 2 decimals). . Based on the...
Supplementary Exercises 385 A survey conducted by the American Automobile Association (AAA) showed that a fam-...
Supplementary Exercises 385 A survey conducted by the American Automobile Association (AAA) showed that a fam- ily of four spends an average of $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $252.45 per 45. day and a sample standard deviation of $74.50 Develop a 95% confidence interval estimate of the mean amount spent per day by a a. family of four visiting Niagara Falls....
ation showed that a family of four spends an average of $215.60 per day while on...
ation showed that a family of four spends an average of $215.60 per day while on vacation a sample of 64 farmilices of four vacationing at Niagara F A survey conducted by the American Automobile Associ $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of S252.45 per day and a sample standard deviation of $77.50. a. Develop a 95% confidence interval estimate of the mean...
You may need to use the appropriate appendix table or technology to answer this question. A...
You may need to use the appropriate appendix table or technology to answer this question. A survey conducted by the American Automobile Association showed that a family of four spends an average of $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $259.45 per day and a sample standard deviation of $75.50. (a) Develop a 95% confidence interval estimate of the mean amount spent per...
1. A survey conducted by the American Automobile Association (AAA) showed that a family of four...
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A survey conducted by the American Automobile Association showed that a family of four spends an average of $215.60 per day while on vacation Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $252.45 per day and a sample standard deviation of $79.50 Devo a 95% confidence interval estimate of the mean amount spent per day by a family of four visiting Niagara Falls (to 2 decimals). . Based on the...
Supplementary Exercises 385 A survey conducted by the American Automobile Association (AAA) showed that a fam- ily of four spends an average of $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of $252.45 per 45. day and a sample standard deviation of $74.50 Develop a 95% confidence interval estimate of the mean amount spent per day by a a. family of four visiting Niagara Falls....
ation showed that a family of four spends an average of $215.60 per day while on vacation a sample of 64 farmilices of four vacationing at Niagara F A survey conducted by the American Automobile Associ $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at Niagara Falls resulted in a sample mean of S252.45 per day and a sample standard deviation of $77.50. a. Develop a 95% confidence interval estimate of the mean...
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Taking the family to an amusement park has become increasingly costly according to the industry publication Amusement Business, which provides figures on the cost for a family of four to spend the day at one of America's amusement parks. A random sample of 25 families of four that attended amusement parks yielded the following costs, rounded to the nearest dollar. 156 212 218 189 172 221 175 208 152 184 209 195 207 179 181 202 166 213 221 237...
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