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in a small country, the mean cost of hospitalization for asthma for an adult is 2,500 euros (standard deviation: 1,800 euros). The mean cost in
in a small country, the mean cost of hospitalization for asthma for an adult is 2,500 euros (standard deviation: 1,800 euros). The mean cost in a sample of 45 is 3,000 euros. test the hypothesis that the mean cost in the sample is representative of the mean cost in the population. (alpha = 0.05)
1. state the null and alternative hypotheses
2. calculate the standard error
3. calculate the z score and perform the hypothesis test
calculate the 95% confidence interval for the sample mean
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