Question
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees in 2004 reveals the following family dental expenses (in dollars): 115, 370, 250, 93, 540, 225, 177, 425, 318, 182, 275, and 228..
The sample mean is _____
. Construct a 95% confidence interval estimate of the mean family dental expenses for all employees of this corporation. The upper boundary/limit is
______
and the lower boundary/limit is
_____
. (Please keep two decimal points.)
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