Mathematics, 21.04.2020 00:06, dommalb
Hoping to lure more shoppers downtown, a city builds a new public parking garage in the central district. The city plans to pay for the structure through parking fees. During a two-week period (14 days), daily fees collected average $126 with standard deviation $15. We want to construct a confidence interval for the true mean daily fees collected at this parking garage.
(a) To construct the confidence interval, should you use the normal distribution orat distribution?
(b) Construct a 90% confidence interval.
(c) The consultant who advised the city on this project predicted that parking revenues would average $130 per day. Based on your confidence interval, do you think the consultant could have been correct? Why or why not?
Answers: 1
Mathematics, 22.06.2019 00:00, carterhoward
What is the distance from (–3, 1) to (–1, 5)? round your answer to the nearest hundredth. (4 points) a. 3.60 b. 4.12 c. 4.47 d. 5.66
Answers: 1
Hoping to lure more shoppers downtown, a city builds a new public parking garage in the central dist...
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