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3, Anystate Auto Insurance Company took a random of 352 insurance claims pald out during a 1-year period, The average claim paid was $1550, Assume a $258. Find a 0,90 confidence interval for the mean claim payment. 1ietinctive nattern painted on ceramic

3, Anystate Auto Insurance Company took a random of 352 insurance claims pald out during a 1-year period, The average claim paid was $1550, Assume a $258. Find a 0,90 confidence interval for the mean claim payment. 1ietinctive nattern painted on ceramic

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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3. Anystate Auto Insurance Company took a random sample of 352 insurance claims paid out during a 1-year period, The average claim paid was $1550, Assume a = $258. Find a 0.90 confidence interval for the mean claim payment. 4. Three-circle, red-on-white is one distinctive pattern painted on ceramic vessels of the Anasazi period found at an archaeological site. At one excavation, a sample of 161 potsherds indicated that 70 were of the three-circle, red-on-white pattern. a) (a) Find a point estimate p for the proportion of all ceramic potsherds at this site that are of the three-circle, red-on-white pattern. (Round your answer to four decimal places.) b) (b) Compute a 95% confidence interval for the population proportion p of all ceramic potsherds with this distinctive pattern found at the site. itod States is 11.1
Transcribed Image Text:3. Anystate Auto Insurance Company took a random sample of 352 insurance claims paid out during a 1-year period, The average claim paid was $1550, Assume a = $258. Find a 0.90 confidence interval for the mean claim payment. 4. Three-circle, red-on-white is one distinctive pattern painted on ceramic vessels of the Anasazi period found at an archaeological site. At one excavation, a sample of 161 potsherds indicated that 70 were of the three-circle, red-on-white pattern. a) (a) Find a point estimate p for the proportion of all ceramic potsherds at this site that are of the three-circle, red-on-white pattern. (Round your answer to four decimal places.) b) (b) Compute a 95% confidence interval for the population proportion p of all ceramic potsherds with this distinctive pattern found at the site. itod States is 11.1
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