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 reveals the following family dental expenses (in dollars).
See Attached Excel for Data.
Construct a 93% confidence interval estimate for the standard deviation of family dental expenses for all employees of this corporation.
Place your LOWER limit, in dollars rounded to 1 decimal place, in the first blank. Donotuse a dollar sign, a comma, or any other stray mark. For example, 98.4 would be a legitimate entry.
Place your UPPER limit, in dollars rounded to 1 decimal place, in the second blank. Donotuse a dollar sign, a comma, or any other stray mark. For example, 567.8 would be a legitimate entry.
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