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Families usa a monthly magazine that discusses related to

Families USA, a monthly magazine that discusses related to health and health costs, surveyed 30 of its subscribers. It found that the annual health insurance premiums for a family with coverage through an employer averaged $16,469. The standard deviation of the sample was $2,000.

(a) What is the population mean? What is the best estimate of the population mean?

(b) Based on this sample information, develop a 95% confidence interval for the population mean yearly premium.

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Econometrics: Families usa a monthly magazine that discusses related to

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Econometrics: Families usa a monthly magazine that discusses related to

Reference No:- TGS0584501

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Econometrics: Families usa a monthly magazine that discusses related to

Reference No:- TGS0584501

Recent Questions Asked Econometrics

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