Mathematics, 02.12.2021 21:50 katefuly
An organization advocating for healthcare reform has estimated the average cost of providing healthcare for a senior citizen receiving Medicare to be about $13,000 per year. The article also stated that, with 90% confidence, the margin or error for the estimate is $1,000. Determine the resulting 90% confidence interval for the average cost for healthcare of a senior citizen receiving Medicare.
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