Use the Following Information to Answer the Question

question 60

Multiple Choice

Use the following information to answer the question. According to the website ww.costofwedding.com, the average cost of flowers for a wedding is $698. Recently, in a random sample of 40 weddings in the U.S. it was found that the average cost of the flowers was $734, with a standard deviation of $102. On the basis of this, a 95% confidence interval for the mean cost of flowers for a wedding is $701 to $767.
-Does the confidence interval provide evidence that the mean cost of flowers for a wedding has increased?

• A)Yes
• B)No

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Definitions:

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Prime or advantageous physical positions for businesses, typically offering high visibility, accessibility, and customer traffic.

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The physical or psychological closeness between people, places, or things, often influencing interactions and communications.

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