Question
Anystate Auto Insurance Company took a random sample of358insurance claims paid out during a 1-year period. The average claim paid was$1560. Assume=$248. Find a 0.90
Anystate Auto Insurance Company took a random sample of358insurance claims paid out during a 1-year period. The average claim paid was$1560. Assume=$248.
Find a 0.90 confidence interval for the mean claim payment. (Round your answers to two decimal places.)
Lower:
Upper:
Find a 0.99 confidence interval for the mean claim payment. (Round your answers to two decimal places.)
lower:
Upper:
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Elementary Statisitcs
Authors: Barry Monk
2nd edition
1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296
