February 19, 2017

Homework Help: statistics

Posted by tom on Tuesday, August 2, 2011 at 6:54am.

Consider the average available for all hotel rooms from the previous assignment. Identify the point estimate of the average number of available hotel rooms in this lesson from each sample. Construct and Interpret a 95% confidence level for the true mean number of available hotel rooms, based on the point estimate of each sample. Describe how the confidence intervals will change depending on whether the population standard deviation is known or unknown.

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