Question

The average one-way airfare from Pittsburgh to Washington, D.C., is $236. A random sample of 20 one-way fares during a particular month had a mean of $210 with a standard deviation of $43. At α = 0.02, is there sufficient evidence to conclude a difference from the stated mean? Use the sample statistics to construct a 98% confidence interval for the true mean one-way airfare from Pittsburgh to Washington, D.C., and compare your interval to the results of the test. Do they support or contradict one another?


$1.99
Sales0
Views70
Comments0
  • CreatedSeptember 02, 2015
  • Files Included
Post your question
5000