Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A health insurance broker records the monthly extended health and dental insurance premiums for 18 non-smoking white-collar clients between the ages of 31 and 40
A health insurance broker records the monthly extended health and dental insurance premiums for 18 non-smoking white-collar clients between the ages of 31 and 40 (measured in $):
148 | 145 | 62 | 118 | 93 | 108 | 68 | 138 | 105 |
85 | 49 | 91 | 57 | 128 | 112 | 149 | 146 | 107 |
T-Distribution Table
a. Calculate the sample mean and standard deviation.
x=x=
Round to the nearest cent
s==
Round to the nearest cent
b. Construct a 95% confidence interval for the mean monthly insurance premium for all non-smoking white-collar clients between the ages of 31 and 40.
<<<<
Round to the nearest cent
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started