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(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
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=


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Given data: n = 19 = 125 s = 35 99% conf
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