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QUESTION

A Rollercoaster's auditors estimate that the average daily loss from those illegally riding without tickets is never more than $200, but wants to... A Rollercoaster’s auditors estimate that the average daily loss from those illegally riding without tickets is never more than$200, but wants to determine the accuracy of this statistic. The company researcher takes a random sample of losses over 49 days and finds that = $187 and s =$30.a) Test at α = 0.05.b) Construct a 95% confidence interval of losses.

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