Cost of Knee Replacement. Surgery U.S. insurers' costs for knee replacement surgery range from $17,627 to $25,462. Estimate the population variance (standard deviation) in cost with 98% confidence based on a random sample of 10 persons who have had this surgery. Estimate the standard deviation using: S = Range 4

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Cost of Knee Replacement. Surgery U.S.
insurers' costs for knee replacement surgery range
from $17,627 to $25,462. Estimate the population
variance (standard deviation) in cost with 98%
confidence based on a random sample of 10
persons who have had this surgery. Estimate the
standard deviation using:
S
Range
4
1593756 <²< 16538293
1262.4 << 4066.7
Transcribed Image Text:Cost of Knee Replacement. Surgery U.S. insurers' costs for knee replacement surgery range from $17,627 to $25,462. Estimate the population variance (standard deviation) in cost with 98% confidence based on a random sample of 10 persons who have had this surgery. Estimate the standard deviation using: S Range 4 1593756 <²< 16538293 1262.4 << 4066.7
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