Princess Cruises recently offered a 16-day voyage from Beijing to Bangkok during the time period from May to August.The announced price,excluding airfare,for a room with an ocean view or a balcony was listed as $3,475.Cruise fares usually are quite variable due to discounting by the cruise line and travel agents.A sample of 20 passengers who purchased this cruise paid the following amounts (in dollars): Determine the sampling error for this sample.
A)-$29.70
B)-$51.12
C)-$21.71
D)-$31.74

Question

Princess Cruises recently offered a 16-day voyage from Beijing to Bangkok during the time period from May to August.The announced price,excluding airfare,for a room with an ocean view or a balcony was listed as $3,475.Cruise fares usually are quite variable due to discounting by the cruise line and travel agents.A sample of 20 passengers who purchased this cruise paid the following amounts (in dollars):  Determine the sampling error for this sample.
A)-$29.70 
B)-$51.12 
C)-$21.71 
D)-$31.74

Quizplus · Accepted Answer

The Answer of Princess Cruises recently offered a 16-day voyage from Beijing to Bangkok during the time period from May to August.The announced price,excluding airfare,for a room with an ocean view or a balcony was listed as $3,475.Cruise fares usually are quite variable due to discounting by the cruise line and travel agents.A sample of 20 passengers who purchased this cruise paid the following amounts (in dollars):  Determine the sampling error for this sample.
A)-$29.70 
B)-$51.12 
C)-$21.71 
D)-$31.74

Princess Cruises Recently Offered a 16-Day Voyage from Beijing to Bangkok