(a) With 95% confidence, what is the margin of error for the estimated mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answer to the nearest cent.) (b) What is the 95% confidence interval estimate of the population mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answers to the nearest cent.) to $ (c) How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in City A restaurants? The mean cost for a mid-range meal for two in City A is --Select- O the 95% confidence interval for comparable meals in Hong Kong. This suggests mean cost of comparable meals in Hong Kong is -Select-- O in City A.

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**DATAfile:** HongKongMeals

You may need to use the appropriate appendix table or technology to answer this question.

The mean cost of a meal for two in a midrange restaurant in City A is **$49**. How do prices for comparable meals in Hong Kong compare? The file *HongKongMeals* contains the costs for a sample of 42 recent meals for two in Hong Kong midrange restaurants.

| 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 |

(a) With 95% confidence, what is the margin of error for the estimated mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answer to the nearest cent.)

$ [Input Box]

(b) What is the 95% confidence interval estimate of the population mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answers to the nearest cent.)

$ [Input Box] to $ [Input Box]

(c) How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in City A restaurants?

- The mean cost for a mid-range meal for two in City A is $49.
- The 95% confidence interval for comparable meals in Hong Kong: [Drop-down] $49.

This suggests the mean cost of comparable meals in Hong Kong is [Drop-down] in City A.
Transcribed Image Text:**DATAfile:** HongKongMeals You may need to use the appropriate appendix table or technology to answer this question. The mean cost of a meal for two in a midrange restaurant in City A is **$49**. How do prices for comparable meals in Hong Kong compare? The file *HongKongMeals* contains the costs for a sample of 42 recent meals for two in Hong Kong midrange restaurants. | 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 | (a) With 95% confidence, what is the margin of error for the estimated mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answer to the nearest cent.) $ [Input Box] (b) What is the 95% confidence interval estimate of the population mean cost in dollars for a mid-range meal for two in Hong Kong? (Round your answers to the nearest cent.) $ [Input Box] to $ [Input Box] (c) How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in City A restaurants? - The mean cost for a mid-range meal for two in City A is $49. - The 95% confidence interval for comparable meals in Hong Kong: [Drop-down] $49. This suggests the mean cost of comparable meals in Hong Kong is [Drop-down] in City A.
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