Question

According to the Runzheimer International, a typical business traveler spends an average of $281 per day in Chicago. Thi...


According to the Runzheimer International, a typical business traveler spends an average of $281 per day in Chicago. This cost includes hotel, meals, car rentals, and incidentals. A survey of 65 randomly selected business travelers who have been to Chicago on business recently is taken. For the population mean of $281 per day, what is the probability of getting a sample average of more than $274 per day if the population standard deviation is $47?

Answer

Here, µ = $281, σ = 47, and n = 65.

Recent Questions