(Steps Shown) A large insurance company selected a simple random sample of 64 policy holders in order to estimate the mean age of individual insured by


Question: A large insurance company selected a simple random sample of 64 policy holders in order to estimate the mean age of individual insured by the company. The sample mean was 39.5 years. Assume = 7.2.

  1. Find a 90% confidence interval for , the mean age of the population of policyholders.
  2. Find a 99% confidence interval for .

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