Question
A random sample of 14 health maintenance organizations (HMOs) was selected. For each HMO, the co-payment (in dollars) for a doctor's office visit was recorded.
A random sample of 14 health maintenance organizations (HMOs) was selected. For each HMO, the co-payment (in dollars) for a doctor's office visit was recorded. The results are as follows.
9, 6, 6, 11, 7, 7, 7, 6, 5, 9, 8, 11, 5, 12
Under the assumption that co-payment amounts are normally distributed, find a 90% confidence interval for the mean co-payment amount in dollars. Then find the lower limit and upper limit of the 90% confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to one decimal place. (If necessary, consult a list of formulas.)
Lower limit: $_____
Upper limit: $_____
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