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QUESTION

Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers.

Families USA, a monthly magazine that discusses issues related to health and health costs, surveyed 20 of its subscribers. It found that the annual health insurance premiums for a family with coverage through an employer averaged $10,979. The standard deviation of the sample was $1,000.a. Based on this sample information, develop a 90 percent confidence interval for the population mean yearly premium.

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