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Suppose Travel and Leisure reported the average hotel price in Miami, Florida, was $164.29 per night in 2019. Assume the population standard deviation is $26.43
Suppose Travel and Leisure reported the average hotel price in Miami, Florida, was $164.29 per night in 2019. Assume the population standard deviation is $26.43 and that a random sample of 31 hotels were selected.Calculate the standard error of the mean.
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