Health insurers are beginning to offer telemedicine services online that replace the common office visit. Wellpoint provides a video service that allows subscribers to connect with a physician online and receive prescribed treatments (Bloomberg Businessweek, March 4–9, 2014). Wellpoint claims that users of its LiveHealth Online service saved a significant amount of money on a typical visit. The data shown below ($), for a sample of 20 online doctor visits, are consistent with the savings per visit reported by Wellpoint.
92 | 34 | 40 |
105 | 83 | 55 |
56 | 49 | 40 |
76 | 48 | 96 |
93 | 74 | 73 |
78 | 93 | 100 |
53 | 82 |
Assuming the population is roughly symmetric, construct a 95% confidence interval for the
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Chapter 8 Solutions
STATISTICS F/BUSINESS+ECONOMICS-TEXT
- AP1.1 You look at real estate ads for houses in Sarasota, Florida. Many houses range from $200,000 to $400,000 in price. The few houses on the water, however, have prices up to $15 million. Which of the following statements best describes the distribution of home prices in Sarasota? The distribution is most likely skewed to the left, and the mean is greater than the median. The distribution is most likely skewed to the left, and the mean is less than the median. The distribution is roughly symmetric with a few high outliers, and the mean is approximately equal to the median. The distribution is most likely skewed to the right, and the mean is greater than the median. The distribution is most likely skewed to the right, and the mean is less than the median.arrow_forwardDuring busy political seasons, many opinion polls are conducted. In apresidential race, how do you think the participants in polls are generally selected?Discuss any issues regarding simple random, stratified, systematic, cluster, andconvenience sampling in these polls. What about other types of polls, besides political?arrow_forwardPlease could you explain why 0.5 was added to each upper limpit of the intervals.Thanksarrow_forward
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