Construct the 98% confidence interval for the salaries of History professors at local private universities. A simple random sample of 27 salaries collected at these universities yielded an average of $ 55200 with a sample standard deviation of $2750. Assume that salaries of history professors are normally distributed. Please interpret the result using a complete sentence.
Construct the 98% confidence interval for the salaries of History professors at local private universities. A simple random sample of 27 salaries collected at these universities yielded an average of $ 55200 with a sample standard deviation of $2750. Assume that salaries of history professors are normally distributed. Please interpret the result using a complete sentence.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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- Construct the 98% confidence interval for the salaries of History professors at local private universities. A simple random sample of 27 salaries collected at these universities yielded an average of $ 55200 with a sample standard deviation of $2750. Assume that salaries of history professors are
normally distributed. Please interpret the result using a complete sentence.
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