Want to attend a pro-basketball finals game? The average prices for the NBA rematch of the Boston

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Want to attend a pro-basketball finals game? The average prices for the NBA rematch of the Boston Celtics and the LA Lakers in 2010 compared to the average ticket prices in 2008 are given in the table that follows.
Want to attend a pro-basketball finals game? The average prices

a. If we were to assume that the prices given in the table have been randomly selected, test for a significant difference between the 2008 and 2010 prices. Use α = .01.
b. Find a 98% confidence interval for the mean difference, µd = µ08 - µ10. Does this estimate confirm the results of part a?

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Introduction To Probability And Statistics

ISBN: 9781133103752

14th Edition

Authors: William Mendenhall, Robert Beaver, Barbara Beaver

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