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A Random Sample of 17 Hotels in Boston Had an Average

Question 42

Multiple Choice

A random sample of 17 hotels in Boston had an average nightly room rate of $165.40 with a sample standard deviation of $21.70. The critical value for a 98% confidence interval around this sample mean is -------.


A) 2.583
B) 2.898
C) 2.567
D) 2.921

Correct Answer:

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