The Human Relations Department of Electronics Inc. would like to include a dental plan as part of th


Question: The Human Relations Department of Electronics Inc. would like to include a dental plan as part of the benefits package. The question is :”How much does a typical employee and his or her family spend per year on dental expenses?” A sample of 45 employees showed the mean amount spent last year was $1820 with a standard deviation of $660. Construct a 95% confidence interval for the population mean and give an interpretation.

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Answer: The downloadable solution consists of 2 pages
Solution Format: Word Document

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