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According to Travel and Leisure, the average hotel price in

According to Travel and Leisure, the average hotel price in

Description
described below

The Question

According to Travel and Leisure, the average hotel price in the Miami, Florida, was $ 156 per night in 2012. Assume the population standard deviation is $ 26.00 and that a random sample of 35 hotels was selected.

,a. Calculate the standard error of the mean.

,b. What is the probability that the sample mean will be less than $ 160?

,c. What is the probability that the sample mean will be more than $ 163?

,d. What is the probability that the sample mean will be between $ 147 and $ 151?

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