1) Meal cost in Hong Kong. The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website). How do prices for comparable meals in Hong Kong compare? The file HongKingMeals contains the costs for a sample of 42 recent meals for two in Hong Kong mid-range restaurants.With 95% confidence, what is the margin of error?What is the 95% confidence interval of the population mean?How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in Tokyo restaurants?Sample Standard Deviation = 6.83Meal Price ($)22.7833.8922.7718.0423.2935.2842.3836.8838.5541.6825.7334.1931.7525.2426.3219.5736.5732.9736.8330.1737.2925.3724.7128.7932.8343.0035.2334.7633.0627.7331.8938.4739.4240.7243.9236.5145.2533.5129.1730.5426.7437.9332.66

Name: 1) Meal cost in Hong Kong. The mean cost of a meal for two in a mid-ra
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Description: 1) Meal cost in Hong Kong. The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website). How do prices for comparable meals in Hong Kong compare? The file HongKingMeals contains the costs for a sample of 42 recent me

1.1. Obtain the margin of error: It is given that population mean is $40, sample standard deviation…

Answered: 1) Meal cost in Hong Kong. The mean…

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1) Meal cost in Hong Kong. The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website). How do prices for comparable meals in Hong Kong compare? The file HongKingMeals contains the costs for a sample of 42 recent meals for two in Hong Kong mid-range restaurants.

With 95% confidence, what is the margin of error?
What is the 95% confidence interval of the population mean?
How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in Tokyo restaurants?

Sample Standard Deviation = 6.83

Meal Price ($)
22.78
33.89
22.77
18.04
23.29
35.28
42.38
36.88
38.55
41.68
25.73
34.19
31.75
25.24
26.32
19.57
36.57
32.97
36.83
30.17
37.29
25.37
24.71
28.79
32.83
43.00
35.23
34.76
33.06
27.73
31.89
38.47
39.42
40.72
43.92
36.51
45.25
33.51
29.17
30.54
26.74
37.93
32.66

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