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Mathematics, 16.03.2020 16:56, elisabethCuc
Many couples believe that it is getting too expensive to host an average wedding in the United States. According to a statistics study in the U. S., the average cost of a wedding in the U. S. in 2014 was $25,200. Recently, in a random sample of 35 weddings in the U. S. it was found that the average cost of a wedding was $24,224 with a standard deviation of $2,210. If a 95% confidence interval for the mean for the wedding sample is ($23465, $24983), does this mean that the sample results are significantly different from the claimed value for the mean of $25,200?
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