The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website, December 14, 2014). How do prices for comparable meals in Hong Kong compare? The DATAfile HongKong Meals contains the costs for a sample of 42 recent meals for two in Hong Kong mid-range restaurants. Click on the datafile logo to reference the data. DATA file a. With 95% confidence, what is the margin of error (to 2 decimals)? b. What is the 95% confidence interval estimate of the population mean (to 2 decimals)? c. How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in Tokyo restaurants? The mean cost of comparable meals in Hong Kong is less than in Tokyo.
The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website, December 14, 2014). How do prices for comparable meals in Hong Kong compare? The DATAfile HongKong Meals contains the costs for a sample of 42 recent meals for two in Hong Kong mid-range restaurants. Click on the datafile logo to reference the data. DATA file a. With 95% confidence, what is the margin of error (to 2 decimals)? b. What is the 95% confidence interval estimate of the population mean (to 2 decimals)? c. How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in Tokyo restaurants? The mean cost of comparable meals in Hong Kong is less than in Tokyo.
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 4CR
Related questions
Question
DATA TABLE VALUES
| Meal Price ($) | |
| 22.78 | 31.90 |
| 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 |
Transcribed Image Text:The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo.com website, December 14, 2014). How do prices for comparable meals in Hong Kong compare? The DATAfile HongKong Meals contains the costs for a sample of 42 recent meals for two in Hong Kong mid-range restaurants.
Click on the datafile logo to reference the data.
DATA file
a. With 95% confidence, what is the margin of error (to 2 decimals)?
b. What is the 95% confidence interval estimate of the population mean (to 2 decimals)?
c. How do prices for meals for two in mid-range restaurants in Hong Kong compare to prices for comparable meals in Tokyo restaurants?
The mean cost of comparable meals in Hong Kong is less
than in Tokyo.
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