Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. According to a study, the mean cost of bariatric (weight loss) surgery is $21,500. You think this information is incorrect. You randomly select 25

1. According to a study, the mean cost of bariatric (weight loss) surgery is $21,500. You think this information is incorrect. You randomly select 25 bariatric surgery patients and find that the mean cost for their surgeries is $20,695. From past studies, the population standard deviation is known to be $2250 and the population is normally distributed. Is there enough evidence to support your claim at a=0.05? 2. Based on a random sample of 20 people, the mean tip that they said they would leave after a $30 meal was $5.00 and the standard deviation was $0.25. Construct a 95%% confidence interval for the population mean. a. Calculate the error of mean. B. Calculate the max error of mean. C. Determine the confidence interval. D. Explain what the confidence interval means in the words of this problem. Apply it. E. Identify the sample size , mean standard deviation, and the appropriate test score (t or z) value of 95%Confidence

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Linear Algebra with Applications

Authors: Bernard Kolman, David Hill

9th edition

132296543, 978-0132296540

More Books

Students also viewed these Mathematics questions

Question

offering social, training, and welfare services;

Answered: 1 week ago