The average annual premium for automobile insurance in the U.S. is $1,503. The following annual premiums are representative of the website’s findings for the Michigan state. $1,905 $2,370 $2,184 $2,981 $2,725 $2,545 $2,332 $2,627 $2,677 $2,529 $3,112 $2,857 $2,600 $2,442 $2,545 $2,675 $2,962 $2,312 $2,525 $2,115 Assume the population is approximately normal. (a) Provide a point estimate of the mean annual automobile insurance premium in Michigan. (b) Develop a 95% confidence interval for the mean annual automobile insurance premium in Michigan.(c) Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the US? Interpret the relationship between auto insurance premiums in Michigan and the national average.

Relax

Respuesta :

Answer:

a) 2561.39

b) 2404.59 to 2718.19

Step-by-step explanation:

Find the given attachments

Ver imagen sahir9397
Ver imagen sahir9397