Question

In: Statistics and Probability

Country Myanmar Ethiopia Burkina Faso Ghana India Kenya Nicaragua Guatemala Peru Algeria China Colombia Lebanon Ecuador...

Country
Myanmar
Ethiopia
Burkina Faso
Ghana
India
Kenya
Nicaragua
Guatemala
Peru
Algeria
China
Colombia
Lebanon
Ecuador
Argentina
Mexico
Tunisia
Venezuela, RB
Brazil
Turkey
Greece
Portugal
United Arab Emirates
Malta
Spain
Israel
Italy
United Kingdom
Japan
Ireland
Finland
Iceland
Belgium
New Zealand
France
Canada
Germany
Austria
Netherlands
Australia
Denmark
Sweden
Luxembourg
United States
Norway
Switzerland
health $ per capita
20
27
35
58
75
78
178
233
359
362
420
569
569
579
605
677
785
923
947
1037
1743
2097
2405
2471
2658
2910
3258
3377
3703
4239
4612
4662
4884
4896
4959
5292
5411
5581
5694
6031
6463
6808
8138
9403
9522
9674
  1. Find a 95% confidence interval for the mean amount of money per capita spent on healthcare. (To do this you will need to use the variable health $ per capita in the Global Health Summary data set.) Round your answer to the nearest cent.
  2. Describe what requirements must be met for this interval to be valid and whether you think that this data set meets these requirements.
  3. Using a complete sentence, interpret the meaning of the confidence interval using the context of the problem.

Solutions

Expert Solution

c) We are 95% confident that the mean amount of money spent on health care is between 2178 to 3884.


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