A random sample of 41 tax payers claimed an average of 9800

A random sample of 41 tax payers claimed an average of $9,800 in medical expenses for the year. Assume the population standard deviation for these deductions was $2,379. Construct confidence intervals to estimate the average deduction for the population with the level of significance shown below. a) 5% b) 10% c)20%

Solution

A random sample of 41 tax payers claimed an average of $9,800 in medical expenses for the year. Assume the population standard deviation for these deductions wa

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