2023-06-28T05:30:59+00:00

Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers.

This paper concentrates on the primary theme of Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.

Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. It found that the annual health insurance premiums for a family with coverage through an employer averaged $10,979. The standard deviation of the sample was $1,000.

a. Based on this sample information, develop a 90 percent confidence interval for the population mean yearly premium.
b. How large a sample is needed to find the population mean within $250 at 99 percent confidence


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