Statistics Solutions

(All Steps) The personnel department of a business would like to estimate the family dental expenses of its employees to determine the feasibility of providing

Question: The personnel department of a business would like to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 10 employees reveals the following family dental expenses (in dollars) for the preceding year: 110, 362, 246, 85, 510, 208, 173, 425, 316, 179

Find a 95% confidence interval for the population proportion of family dental expenses that are above $300 (Hint: use the Normal distribution for proportions).

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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