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Because of staffing decisions, managers of the Gibson-Marimont Hotel are interested in the variability in the...

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Basic Math

Because of staffing decisions, managers of the Gibson-MarimontHotel are interested in the variability in the number of roomsoccupied per day during a particular season of the year. A sampleof 24 days of operation shows a sample mean of 294 rooms occupiedper day and a sample standard deviation of 26 rooms.

What is the point estimate of the population variance?676

Provide a 90% confidence interval estimate of the populationvariance (to 1 decimal). ( , )

Provide a 90% confidence interval estimate of the populationstandard deviation (to 1 decimal). ( , )

Answer & Explanation Solved by verified expert
4.5 Ratings (676 Votes)
Solution Given thats 26s2 676n 24Degrees of    See Answer
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