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Asked Jan 18, 2020
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Using Correct Distribution. In Exercises 5–8, assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) Find the critical value tα/2 , (b) find the critical value zα/2 , or (c) state that neither the normal distribution nor the t distribution applies.

Miami Heat Salaries Confidence level is 95%, σ is not known, and the normal quantile plot of the 17 salaries (thousands of dollars) of Miami Heat basketball players is as shown.

1.6
1.2
0.8
0.4
-0.4
0.8
-12
-1.6
2100 4200 6300 8400 10500 12600 14700 16800 18900 21000
X Values
z score
2.
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1.6 1.2 0.8 0.4 -0.4 0.8 -12 -1.6 2100 4200 6300 8400 10500 12600 14700 16800 18900 21000 X Values z score 2.

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