Find the population mean


Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. It found that the annual health insurance premium s for a family with coverage through an employer averaged $10,979. The standard deviation of the sample was $1,000.

How large of a sample is needed to find the population mean within $250 at 99 percent confidence?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Find the population mean
Reference No:- TGS0735062

Expected delivery within 24 Hours