1 answer

Assume that we want to construct a confidence interval. Do one of the following: The confidence...

Question:

Assume that we want to construct a confidence interval. Do one of the following:

The confidence level is 99%, standard deviation is 3873 thousand dollars, and the histogram of 67 player salaries (in thousand dollars) of football players on a team is as shown.Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value

Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value ta/2, (b) find the critical value Za/2, or (c) state that neither the normal distribution nor the t distribution applies. 40, The confidence level is 99%, o = 3873 thousand dollars, and the histogram of 67 player salaries (in thousands of dollars) of football players on a team is as shown. 30- Frequency 20- 10- 0 4000 8000 12000 16000 20000 Salary (thousands of dollars) Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. ta/2=0 (Round to two decimal places as needed.) B. Za/2 = (Round to two decimal places as needed.) O C. Neither the normal distribution nor the t distribution applies.

Answers

Answer population standard deviation (a) is known as 7 distribution. so we use confidence level - 99.5 significance level (&)

.

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