Question

A survey found that the average daily cost to rent a car in Los Angeles is...

A survey found that the average daily cost to rent a car in Los Angeles is $102.24 and in Las Vegas is $97.35. The data were collected from two random samples of 40 in each of the two cities and the population standard deviations are $5.98 for Los Angeles and $4.21 for Las Vegas. At the 0.05 level of significance, construct a confidence interval for the difference in the means and then decide if there is a significant difference in the rates between the two cities. Let the sample from Los Angeles be Group 1 and the sample from Las Vegas be Group 2.

Confidence Interval (round to 4 decimal places):

< μ1 - μ2 <  

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