(Solved): A travel agent is interested in the average price of a hotel room during the summer in a resort com ...
A travel agent is interested in the average price of a hotel room during the summer in a resort community. The agent randomly seiects 19 hotels from the community and determines the price of a regular room with a king size bed. The average price of the room for the sample was \( \$ 125 \) with a standard deviation of \( \$ 35 \). Assurre the prices are normally distributed. Construct an interval to estimate the true average price of a regular room with a king size bed in the resort community with 99 of confidence. Round the endpoints to two decimal places, if necessary. Answer L.ower Endpoint \( = \) Upper-Endpoint=