The business manager of a local health clinic is interested in estimating the difference between the fees for extended office visits in her center and the fees of a newly opened group practice. She gathered the following information regarding the two offices. Health Clinic Group Practice Sample size 50 visits 45 visits Sample mean $21 $19 Population Standard deviation $2.75 $3.00 a. What is your conclusion? Use a= 0.05. b. Develop a 95% confidence interval estimate for the difference between the average fees of the two offices.
The business manager of a local health clinic is interested in estimating the difference between the fees for extended office visits in her center and the fees of a newly opened group practice. She gathered the following information regarding the two offices.
Health Clinic Group Practice
Sample size 50 visits 45 visits
Sample mean $21 $19
Population Standard deviation $2.75 $3.00
a. What is your conclusion? Use a= 0.05.
b. Develop a 95% confidence
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images