Solved

The Business Manager of a Local Health Clinic Is Interested

Question 124

Short Answer

The business manager of a local health clinic is interested in estimating the difference between the fees for extended office visits in her center and the fees of a newly opened group practice. She gathered the following information regarding the two offices.
 Health Clinic  Group Practice  Sample size 50 visits 45 visits  Sample mean $21.00$19.00 Standard deviation σ)$2.75$3.00\begin{array}{lcc}&\text { Health Clinic }&\text { Group Practice }\\\text { Sample size } & 50 \text { visits } & 45 \text { visits } \\\text { Sample mean } & \$ 21.00 & \$ 19.00 \\\text { Standard deviation } \sigma) & \$ 2.75 & \$ 3.00\end{array} Develop a 95% confidence interval estimate for the difference between the average fees of the two offices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents