Use the data given below to answer the following questions).
Following is an extract from a firm's database detailing the number of hours spent on the job by employees and their corresponding pay. Note: Assume a level of significance of 0.05 wherever necessary.) $$\begin{array} { | c | c | }
\hline \text { Hours spent on the job } & \text { Salary } \$ \mathbf { ~ } \
\hline 4 & 340 \
\hline 12 & 850 \
\hline 7 & 570 \
\hline 5 & 470 \
\hline 11 & 820 \
\hline 8 & 610 \
\hline 9 & 630 \
\hline 13 & 900 \
\hline 10 & 800 \
\hline 6 & 480 \
\hline
\end{array}$$
-Interpret the confidence intervals.

Question

Use the data given below to answer the following questions).
Following is an extract from a firm's database detailing the number of hours spent on the job by employees and their corresponding pay. Note: Assume a level of significance of 0.05 wherever necessary.) $$\begin{array} { | c | c | } 
\hline \text { Hours spent on the job } & \text { Salary } \$ \mathbf { ~ } \
\hline 4 & 340 \
\hline 12 & 850 \
\hline 7 & 570 \
\hline 5 & 470 \
\hline 11 & 820 \
\hline 8 & 610 \
\hline 9 & 630 \
\hline 13 & 900 \
\hline 10 & 800 \
\hline 6 & 480 \
\hline
\end{array}$$
-Interpret the confidence intervals.

Quizplus · Accepted Answer

The Answer of Use the data given below to answer the following questions).
Following is an extract from a firm's database detailing the number of hours spent on the job by employees and their corresponding pay. Note: Assume a level of significance of 0.05 wherever necessary.) $$\begin{array} { | c | c | } 
\hline \text { Hours spent on the job } & \text { Salary } \$ \mathbf { ~ } \
\hline 4 & 340 \
\hline 12 & 850 \
\hline 7 & 570 \
\hline 5 & 470 \
\hline 11 & 820 \
\hline 8 & 610 \
\hline 9 & 630 \
\hline 13 & 900 \
\hline 10 & 800 \
\hline 6 & 480 \
\hline
\end{array}$$
-Interpret the confidence intervals.

Use the Data Given Below to Answer the Following Questions)