(Solved) 1.The average cost per night of a hotel room in New York City is

July 21, 2017UncategorizedBy classhelp24@gmail.com [email if you need fresh paper done]

1.The average cost per night of a hotel room in New York City is $273 (SmartMoney, March 2009). Assume this estimate is based on a sample of 45 hotels and that the sample standard deviation is $65.

a. With 95% confidence, what is the margin of error (to 2 decimals)?

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