A Childcare Agency Was Interested in Examining the Amount That

Essay

A childcare agency was interested in examining the amount that families pay per child per month for childcare outside the home. A random sample of 64 families was selected and the mean and standard deviation were computed to be $675 and $80, respectively.
Find a 95% confidence interval for the true average amount spent per child per month for childcare outside the home.
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Interpret the interval.
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A social worker claims that the average amount spent per child per month outside the home is $700. Based on the interval above, can this claim be rejected?
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Justify your answer.
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