SCENARIO 8-5
A sample of salary offers (in thousands of dollars)given to management majors is: 48,51,46,52,47,48,47,50,51,and 59.Using this data to obtain a 95% confidence interval resulted in an interval from 47.19 to 52.61.
-Referring to Scenario 8-5,the confidence interval obtained is valid only if the distribution of the population of salary offers is normal.

Question

Quizplus · Accepted Answer

The confidence interval obtained from the sample data is based on the assumption that the population distribution is normal. If this assumption is not met, the validity of the interval may be compromised. Therefore, the statement is true.

SCENARIO 8-5 a Sample of Salary Offers (In Thousands of Dollars)given to Dollars)given