Question: solv eit Arandom sample of 34 taxpayers claimed an average of $9,566 in medical expenses for the year. Assume the population standard deviation for these
solv eit
Arandom sample of 34 taxpayers claimed an average of $9,566 in medical expenses for the year. Assume the population standard deviation for these deductions was 32,432. Construct confidence intervals to estimate the average deduction for the population with the levels of significance shown below. a. 2% b. 10% c. 20% |? I a. The confidence interval with a 2% level of significance has a lower limit of } 8596 and an upper limit of $ 10536 . (Round to the nearest dollar as needed.) b. The confidence interval with a 10% level of significance has a lower limit of 3| | and an upper limit of g|_ |. {Round to the nearest dollar as needed.)Step by Step Solution
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