The following table describes apartment rents ($) of 35 households.

425 Construct a 95% confidence interval estimate for apartment rents.

440 X bar, mean 490.14
450 sample size 35.00
465 Sample standard deviation 55.39
480 confidence coefficient 0.95
510 alpha 0.05
575
430 margin of error (using z-score, n>30) 18.35
440 lower limit 471.79
450 upper limit 508.49
440
450
465
480
510
570
615
470
490
525
580
510
575
430
440
450
440
450
465
480
510
570
615
470
490
mate for apartment rents.
Column1

Mean 490.14
Standard Error 9.36
Median 470.00
t-score 2.03 Mode 440.00
margin of error (using t-score, n<30) 19.03 Standard Deviation 55.39
lower limit 471.11 Sample Variance 3068.36
upper limit 509.17 Kurtosis -0.20
Skewness 0.95
Range 190.00
Minimum 425.00
Maximum 615.00
Sum 17155.00
Count 35.00
Confidence Level(95.0%) 19.03
lower limit 471.11
upper limit 509.17

With 95% confidence, the average rents of apartment is between $471 a

tment is between $471 and $509.17.
 Construct a 95% confidence interval estimate.
Xi
130.00
141.00
133.00
59.00
45.00
79.00
50.00
41.00
60.00
65.00
100.00
180.00
67.00
84.00
66.00
135.00
50.00
The Luxury Hotel Guide Index (2019) reported what popular hotels charge for hotel rooms per night in in
prices of hotel room for 17 four-star hotels are as follows.

Hotel Name Price Construct a 95% confidence interval estimate for pric
The Strand Cruise $130
Sunset Palace View Hotel $141
Mercure Mandalay Hill Resort $133
Mandalay Lodge Hotel $59
Thiri Thitsar Hotel $45
The Link 78 Mandalay Boutique $79
Golden Hotel Mandalay $50
Hotel Mandalay $41
Ritz Grand Hotel Mandalay $60
Eastern Palace Hotel $65
The Hotel by the Red Canal $100
Rupar Mandalar Resort $180
The Link 83 Mandalay Boutique $67
Triumph Hotel Mandalay $84
Hotel Hazel $66
Hotel Shwe Pyi Thar $135
Ayarwaddy River View Hotel $50
el rooms per night in in Mandalay.The average

erval estimate for prices of hotel room. Construct a 99% confidence interval estimate for prices of hotel room.

x
rices of hotel room.