Assume all populations are normally distributed. A travel analyst claims that the mean price of a round trip flight from New York City to Los Angeles is less than $507. In a random sample of 55 round trip flights from NYC to LA, the mean price is $502. Assume the population standard deviation is $111. At α = 0.05, is there enough evidence to support the travel analyst’s claim?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Assume all populations are normally distributed.
A travel analyst claims that the mean price of a round trip flight from New York City to Los Angeles is less than $507. In a random sample of 55 round trip flights from NYC to LA, the mean price is $502. Assume the population standard deviation is $111. At α = 0.05, is there enough evidence to support
the travel analyst’s claim?
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