From historical data, you discover that the national average construction cost of middle schools is $10,500 per student. If the city index for Oklahoma City is 76.9 and for Los Angeles it is 108.5, estimate the total construction cost for amiddle school of 800 students in each city.

From historical data, you discover that the national average construction cost of middle schools is $10,500 per student. If the city index for Oklahoma City is 76.9 and for Los Angeles it is 108.5, estimate the total construction cost for amiddle school of 800 students in each city.

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter6: Statistical Inference

Section: Chapter Questions

Problem 33P

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