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Anystate Auto Insurance Company took a random sample of384insurance claims paid out during a 1-year period. The average claim paid was$1550. Assume =$234. Find a
Anystate Auto Insurance Company took a random sample of384insurance claims paid out during a 1-year period. The average claim paid was$1550. Assume=$234.
Find a 0.90 confidence interval for the mean claim payment.
Lower Limit: _____
Upper Limit: _____
Find a 0.99 confidence interval for the mean claim payment.
Lower Limit: _____
Upper Limit: _____
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