According to the 2017 Corporate Travel Index compiled by Business Travel News, the average daily cost for business travel in the United States rose to $321 per day (Executive Travel website). The file Travel contains sample data for an analogous study on the estimated daily living costs for an executive traveling to various international cities. The estimates include a single room at a four-star hotel, beverages, breakfast, taxi fares, and incidental costs. Click on the datafile logo to reference the data. DATA file
According to the 2017 Corporate Travel Index compiled by Business Travel News, the average daily cost for business travel in the United States rose to $321 per day (Executive Travel website). The file Travel contains sample data for an analogous study on the estimated daily living costs for an executive traveling to various international cities. The estimates include a single room at a four-star hotel, beverages, breakfast, taxi fares, and incidental costs. Click on the datafile logo to reference the data. DATA file
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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
Transcribed Image Text:According to the 2017 Corporate Travel Index compiled by Business Travel News, the average daily cost for business travel in the United States rose to $321 per day (Executive Travel website). The file Travel contains sample data for an
analogous study on the estimated daily living costs for an executive traveling to various international cities. The estimates include a single room at a four-star hotel, beverages, breakfast, taxi fares, and incidental costs. Click on the
datafile logo to reference the data.
DATA file
City
Daily Living Cost ($)
City
Daily Living Cost ($)
ITET
Bangkok
242.87
Mexico City
212.00
Bogota
260.93
Milan
284.08
Cairo
194.19
Mumbai
139.16
Dublin
260.76
Paris
436.72
Frankfurt
355.36
Rio de Janeiro
240.87
Hong Kong
346.32
Seoul
310,41
Johannesburg
165.37
Tel Aviv
223.73
Lima
250.08
Toronto
181.25
London
326.76
Warsaw
238.20
Madrid
283.56
Washington, D.C.
250.61
a. Compute the sample mean (to 2 decimals).
* = 260.16
b. Compute the sample standard deviation (to 2 decimals).
70.68
c. Compute a 95% confidence interval for the population standard deviation (to 2 decimals). Use Table 11.1.
95%CI =
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