A sample of 500 luxury hotels in the Northeast had an average room rate of $325 per night. Contruct a 99% confidence interval to estimate the mean room rate of luxury hotels in the Northeast assuming that the population standard deviation is $35. In the answer box below, enter the upper limit of the interval. Round your answer to the nearest cent (two decimal places.) Type your answer here
A sample of 500 luxury hotels in the Northeast had an average room rate of $325 per night. Contruct a 99% confidence interval to estimate the mean room rate of luxury hotels in the Northeast assuming that the population standard deviation is $35. In the answer box below, enter the upper limit of the interval. Round your answer to the nearest cent (two decimal places.) Type your answer here
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 16HP
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