Question number 1 The personnel department of a large corporation wants to estimate the family dental expenses of i...
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees reveals the following family dental expenses (in dollars): 115 370 250 593 540 225 117 425 318 182 275 228 Construct a 95% confidence interval for the average family dental expenses for all employees in this corporation. Place your LOWER limit, in dollars rounded to 1 decimal...
1) The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees in 2004 reveals the following family dental expenses (in dollars): 115, 370, 250, 93, 540, 225, 177, 425, 318, 182, 275, and 228. The sample mean is ______________ Construct a 95% confidence interval estimate of the mean family dental expenses for all employees of this corporation....
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of six employees reveals the following family dental expenses: $180, $260, $60, $40, $100, and $80. It is known that dental expenses follow a normal distribution. Construct a 90% confidence interval for the average family dental expenses for all employees of this corporation.
Question number 16 Select the correct answer for the blank: If everything else stays the same, the required sample size as the confidence level decreases to reach the same margin of error. I don't know Accepted characters: numbers, decimal point markers (period or comma), sign indicators (), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker. Question number 17 You are...