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]
