The mean cost of a meal for two in a mid-range restaurant in tokyo is $40 (numbeo website, december 14, 2014). how do prices for comparable meals in hong kong compare? the datafile hongkongmeals contains the costs for a sample of 42 recent meals for two in hong kong mid-range restaurants. click on the datafile logo to reference the data. a. with 95% confidence, what is the margin of error (to 2 decimals)? b. what is the 95% confidence interval estimate of the population mean (to 2 decimals)? ( , ) c. how do prices for meals for two in mid-range restaurants in hong kong compare to prices for comparable meals in tokyo restaurants? the mean cost of comparable meals in hong kong is than in tokyo.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

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