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

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?

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H 0 236 H 1 236 claim C V 2539 df 19 t X s n 210 236 43 20 2704 Reject the null hypothe... View full answer

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