a 3. The high cost of health care is a matter of major concern for a large number of families. A random sample of 25 families selected from an area showed that they spend an average of $143 per month on health care with a standard deviation of $28. Make 99% confidence interval for the mean health care expenditure per month incurred by all families in this area. Assume a normal distribution (Hint t distribution - Chap 8) a. Construct a 99% confidence interval.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section: Chapter Questions
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3. The high cost of health care is a matter of major concern for a large number of
families. A random sample of 25 families selected from an area showed that they
spend an average of $143 per month on health care with a standard deviation of
$28. Make 99% confidence interval for the mean health care expenditure per
month incurred by all families in this area. Assume a normal distribution (Hint t
distribution - Chap 8)
a. Construct a 99% confidence interval.
Transcribed Image Text:a 3. The high cost of health care is a matter of major concern for a large number of families. A random sample of 25 families selected from an area showed that they spend an average of $143 per month on health care with a standard deviation of $28. Make 99% confidence interval for the mean health care expenditure per month incurred by all families in this area. Assume a normal distribution (Hint t distribution - Chap 8) a. Construct a 99% confidence interval.
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