In an attempt to assess total daily travel taxes in various cities, the Global Business Travel Association

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In an attempt to assess total daily travel taxes in various cities, the Global Business Travel Association conducted a study of daily travel taxes on lodging, rental cars, and meals (GBTA Foundation website, October 30, 2012). The data in the file named TravelTax are consistent with the findings of that study for business travel to Chicago. Assume the population standard deviation is known to be $8.50 and develop a 95% confidence interval of the population mean total daily travel taxes for Chicago.

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Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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