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Please solve using an excel file with functions and I'll thumbs up A travel website would like to estimate the difference between the average rental
Please solve using an excel file with functions and I'll thumbs up
A travel website would like to estimate the difference between the average rental price of a car with automatic transmission versus the average rental price of a car with manual transmission at a certain airport The table below shows the average one-week rental prices for two random samples, as well as the population standard deviations and sample sizes for each type of car Complete pans a and Automatic Manual Sample mean $39740 $372 BO Sample size 33 Population standard deviation a. Construct a confidence interval to estimate the difference in the average cost of a one-week rental between these two types of cars at the airport Let the cars with automatic transmissions be population 1 and the cars with manual transmissions be population 2 The confidence interval is $ 144B 3474 (Round to the nearest cent as needed) b. Based on the results from part a, can you conclude that a difference exists in the average rental price of the two types of cars? Since the confidence interval does not include $0, there is sufficient evidence to conclude that a difference exists in the average price of the two types of car.
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