Can someone help me with this problem step by step please Th
Can someone help me with this problem step by step please. Thanks so much guys.
6. The cost of health care s the subject of many studies that use statistical methods. One such study estimated that the average length of service for home health care among people over the age of 65 who use this type of service is 96.0 days with a standard error of 5.1 days. Assuming that the degrees of freedom are large, calculate a 90% confidence interval for the true mean length of service.Solution
As the degrees of freedom is large, we can simply use the z distribution.
Note that              
               
 Lower Bound = X - z(alpha/2) * se              
 Upper Bound = X + z(alpha/2) * se              
               
 where              
               
 alpha/2 = (1 - confidence level)/2 =    0.05          
               
 Thus,              
 X = sample mean =    96          
 z(alpha/2) = critical z for the confidence interval =    1.644853627          
 se = standard error =    5.1          
               
               
 Thus,              
               
 Lower bound =    87.6112465          
 Upper bound =    104.3887535          
               
 Thus, the confidence interval is              
               
 (   87.6112465   ,   104.3887535   ) [ANSWER]

