Question

a. Compute the mean price for a round-trip flight into Atlanta and the mean price for a round-trip flight into Salt Lake City. Round your answers to two decimal places. Atlanta $ 356.73 Salt Lake City $ 400.95 Is Atlanta less expensive to fly into than Salt Lake City

Answer 1

Atlanta Mean price:

= Sum of all prices / Number of prices

= (340.1 + 321.6 + 291.6 + 339.6 + 359.6 + 384.6 + 309.6 + 415.6 + 293.6 + 249.6 + 539.6 + 455.6 + 359.6 + 333.9) / 14

= 4,994.2 / 14

= $356.73

Salt Lake City mean price:

= (570.1 + 354.6 + 465.6 + 219.6 + 311.6 + 297.6 + 471.6 + 618.4 + 513.2 + 381.6 + 159.6 + 267.6 + 458.6) / 14

= 5,613.3 / 14

= $400.95