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

50.1K

Verified Solution

Question

Finance

Health insurers arebeginning to offer telemedicine services online that replace thecommon office visit. Wellpoint provides a video service that allowssubscribers to connect with a physician online and receiveprescribed treatments. Wellpoint claims that users of itsLiveHealth Online service saved a significant amount of money on atypical visit. The data shown below ($), for a sample of 20 onlinedoctor visits, are consistent with the savings per visit reportedby Wellpoint.
93 33 40
104 84 55
56 48 37
76 49 94
94 74 74
79 93 99
54 81
Assuming thepopulation is roughly symmetric, construct a 95% confidenceinterval for the mean savings for a televisit to the doctor asopposed to an office visit (to 2 decimals).
95% confidenceinterval: $ to $ per visit

Answer & Explanation Solved by verified expert

4.1 Ratings (654 Votes)

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

Transcribed Image Text

Health insurers arebeginning to offer telemedicine services online that replace thecommon office visit. Wellpoint provides a video service that allowssubscribers to connect with a physician online and receiveprescribed treatments. Wellpoint claims that users of itsLiveHealth Online service saved a significant amount of money on atypical visit. The data shown below ($), for a sample of 20 onlinedoctor visits, are consistent with the savings per visit reportedby Wellpoint.93334010484555648377649949474747993995481Assuming thepopulation is roughly symmetric, construct a 95% confidenceinterval for the mean savings for a televisit to the doctor asopposed to an office visit (to 2 decimals).95% confidenceinterval: $ to $ per visit