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Name: The high price of medicines is a source of major expense for those sen
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Description: The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 2100 seniors who pay for their medicines showed that they spent an average of $4500 las

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.5: Correlation And Causation

Problem 3CYU

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The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 2100 seniors who pay for their medicines showed that they spent an average of $4500 last year on medicines with a standard deviation of $700. Make a 95% confidence interval for the corresponding population mean.

Round your answers to cents.

$Enter your answer; confidence interval, lower bound to $Enter your answer; confidence interval, upper bound

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