TABLE 8-6
A sample of salary offers (in thousands of dollars) given to management majors is: 28, 31, 26, 32, 27, 28, 27, 30, 31, and 29. Using this data to obtain a 95% confidence interval resulted in an interval from 27.5 to 30.3.
-Referring to Table 8-6, the confidence interval obtained is valid only if the distribution of the population of salary offers is normal.
Correct Answer:
Verified
Q3: For a given data set,the confidence interval
Q11: A point estimate consists of a single
Q16: Holding the width of a confidence interval
Q26: The t distribution is used to construct
Q44: A sample of 100 fuses from a
Q166: TABLE 8-7
After an extensive advertising campaign, the
Q167: TABLE 8-4
To become an actuary, it is
Q173: TABLE 8-13
A university wanted to find out
Q174: TABLE 8-6
A sample of salary offers (in
Q176: TABLE 8-13
A university wanted to find out
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents