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City Daily Living Cost Bangkok 242.87 Bogota 260.93 Cairo 194.19 Dublin 260.76 Frankfurt 355.36 Hong Kong 346.32 Johannesburg 165.37 Lima 250.08...

This question was answered on Jan 17, 2013. View the Answer
The estimated daily living costs for an executive traveling to various major cities folllow. The estimates include a single room at a four-star hotel, beverages, breakfast, taxi fares, and incidental costs.

a. Compute the sample mean.
b. Compute the sample standard deviation
c. Compute a 95% confidence interval for the population standard deviation
City Daily Living Cost Bangkok 242.87 Bogota 260.93 Cairo 194.19 Dublin 260.76 Frankfurt 355.36 Hong Kong 346.32 Johannesburg 165.37 Lima 250.08 London 326.76 Madrid 283.56 Mexico City 212.00 Milan 284.08 Mumbai 139.16 Paris 436.72 Rio de Janeiro 240.87 Seoul 310.41 Tel Aviv 223.73 Toronto 181.25 Warsaw 238.20 Washington, DC 250.61
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8420806.xlsx

City
Daily Living Cost
Bangkok
242.87
Bogota
260.93
Cairo
194.19
Dublin
260.76
Frankfurt
355.36
Hong Kong
346.32
Johannesburg
165.37
Lima
250.08
London
326.76
Madrid
283.56
Mexico City
212.00...

This question was asked on Jan 16, 2013 and answered on Jan 17, 2013.

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