Statistics estimation problem?

Answers:4   |   LastUpdateAt:2018-02-05 08:53:03  

Question
kelsy
Asked at 2012-10-01 13:45:02
Can anyone help with this estimation problem ? MedlinePlus MedlinePlus Anystate Auto Insurance Company took a random sample of 370 insurance claims paid during a period of 1 year. The average claim paid was $ 1570. Suppose a ( population standard deviation ) = $ 250. Find 0.90 and 0.99 confidence intervals for half claim payment .
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