Estimate the average price per ticket for all mlb games

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You would like to determine the average cost of tickets for major league baseball games. To estimate this amount, you draw a random sample of ticket prices for 75 games. The average cost per game is $50.00. The standard deviation for your sample is $5.25. Create a 99% confidence interval to estimate the average price per ticket for all MLB games.

Reference no: EM132857530

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