Several drugs are used to treat diabetes. A sales specialist for a leading pharmaceutical company needs an estimate of the number of new prescriptions that were written during a particular month for his company’s new diabetes drug. The numbers of new prescriptions in a random sample of 25 sales districts are as follows:210 240 190 275 290 185 223 190 185 192265 312 284 261 243 168 240 170 187 190215 240 210 235 290a. Find a 90% confidence interval for the average number of new prescriptions written for this new drug among all the sales districts. State the assumptions.b. Calculate the widths for 95% and 98% confidence intervals.
Several drugs are used to treat diabetes. A sales specialist for a leading pharmaceutical company needs an estimate of the number of new prescriptions that were written during a particular month for his company’s new diabetes drug. The numbers of new prescriptions in a random sample of 25 sales districts are as follows:210 240 190 275 290 185 223 190 185 192265 312 284 261 243 168 240 170 187 190215 240 210 235 290a. Find a 90% confidence interval for the average number of new prescriptions written for this new drug among all the sales districts. State the assumptions.b. Calculate the widths for 95% and 98% confidence intervals.
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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Several drugs are used to treat diabetes. A sales specialist for a leading pharmaceutical company needs an estimate of the number of new prescriptions that were written during a particular month for his company’s new diabetes drug. The numbers of new prescriptions in a random sample of 25 sales districts are as follows:
210 240 190 275 290 185 223 190 185 192
265 312 284 261 243 168 240 170 187 190
215 240 210 235 290
a. Find a 90% confidence interval for the average number of new prescriptions written for this new drug among all the sales districts. State the assumptions.
b. Calculate the widths for 95% and 98% confidence intervals.
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