[Step-by-Step] The below sample data represents the cost of 9 name-brand drugs and their corresponding generic equivalent. (Use Name Brand as Sample1)

Question:

The below sample data represents the cost of 9 name-brand drugs and their corresponding generic equivalent. ( Use Name Brand as Sample1 )

Name Brand	120	150	135	140	160	175	140	120	165
Generic Brand	99	135	130	119	139	150	129	109	160

Note: Do not perform a hypothesis test for this problem. You are to interpret the CI.

Compute a two-sided 90% confidence Interval estimate for  _d . (4 points)
Based on your interval, can you safely conclude that generics are less expensive than name brand? Why or why not? (4 points)

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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[Step-by-Step] The below sample data represents the cost of 9 name-brand drugs and their corresponding generic equivalent. (Use Name Brand as Sample1)

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