Health insurers are beginning to offer telemedicine services online that replace the common office visit. Wellpoint...

50.1K

Verified Solution

Question

Basic Math

Health insurers are beginning to offer telemedicine servicesonline that replace the common office visit. Wellpoint provides avideo service that allows subscribers to connect with a physicianonline and receive prescribed treatments. Wellpoint claims thatusers of its LiveHealth Online service saved a significant amountof money on a typical visit. The data shown below ($), for a sampleof 20 online doctor visits, are consistent with the savings pervisit reported by Wellpoint.

93 34 41 106 83 56 56 48 40 76 48 97 94 73 74 76 90 98 55 81

Assuming the population is roughly symmetric, construct a 95%confidence interval for the mean savings for a televisit to thedoctor as opposed to an office visit (to 2 decimals).

Answer & Explanation Solved by verified expert
3.9 Ratings (439 Votes)
We have for given data Sample mean 7095 Sample    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students