Professors of accountancy are in high demand at American universities.A random sample of 28 new accounting professors found the average salary was $135 thousand with a standard deviation of $16 thousand.Assume the distribution is normally distributed.Construct a 90% confidence interval for the salary of new accounting professors.Answers are in thousands of dollars.
A) [107.7520,162.2480]
B) [129.8506,140.1494]
C) [130.0260,139.9740]
D) [131.0268,138.9732]
Correct Answer:
Verified
Q41: A website advertises job openings on its
Q42: The mortgage foreclosure crisis that preceded the
Q43: Suppose taxi fare from Logan Airport to
Q45: In an examination of holiday spending (known
Q48: The mortgage foreclosure crisis that preceded the
Q49: How do the tdf and z distributions
Q49: Given a sample mean of 12.5-drawn from
Q51: Professors of accountancy are in high demand
Q52: Confidence intervals of the population mean may
Q70: The confidence intervals for the population proportion
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