One - Way Airfares. The average one-way airfare from Pittsburgh to Washington, DC is $236. A random


Question: One – Way Airfares. The average one-way airfare from Pittsburgh to Washington, DC is $236. A random sample of 20 one-way fares during a particular month had a mean of $210 with a standard deviation of $43. At a = 0.02, is there sufficient evidence to conclude a difference from the stated mean? Use the sample statistics to construct a 98% confidence interval for the true mean one-way airfare from Pittsburgh to Washington, DC, and compare your interval to the results of the test. Do they support or contradict one another?

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See Answer: The solution file consists of 2 pages
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