Compute a confidence interval for the mean length of sta

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A hotel manager is interested in the mean length of stay for his guests. A random sample of 16 guests produced a mean length of stay of 4.3 nights with a standard deviation of 1.2 nights. Assume the distribution of lengths of stay for guests follows a normal distribution.
Compute a 95% confidence interval for the mean length of stay for all guests of this hotel. Interpret the interval from part a) in the context of the problem.

Reference no: EM13804834

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