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According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard dev

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that, Solution Given u= 97.27 = lă 6 = 23 n = 43 a) Standard error of the mean 6 x 6 vn 1 23 543 6% = 3.51 b) P (Ž Lgg) Pl X

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