The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 1300 seniors who pay for their medicines showed that they spent an average of $ 4300 last year on medicines with a standard deviation of $ 900 . Make a 95 % confidence interval for the corresponding population mean. Round your answers to cents.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 1300 seniors who pay for their medicines showed that they spent an average of $ 4300 last year on medicines with a standard deviation of $ 900 . Make a 95 % confidence interval for the corresponding population mean.

Round your answers to cents.

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