Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between Ş5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 50 73 74 56| 71 49 55 45 36 39 51 61 72 54 63 44 63 64 55 66 42 69 74 58 42 40 48 50 47 70 62 74 72 54 57 62 65 37 41 46 55 67 58 74 58 63 57 62 51 40 R vector Copy to clipboard a What is the mean of the sample? tRound to 4 decimat ptaces) bIWhat-is the standard deviation of the sample mean or the standard error? decimat places) (Round to 4 c What is the sample size? (Round to whole number) d) What is the t critical value for a 99% confidence interval? (Round to 4 decimal places). e) What is the error bound or margin of error? (Round to 4 decimal places) f) What are the Lower and Upper limits for a 99% confidence interval? [ (Round to 4 decimal places)
Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between Ş5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 50 73 74 56| 71 49 55 45 36 39 51 61 72 54 63 44 63 64 55 66 42 69 74 58 42 40 48 50 47 70 62 74 72 54 57 62 65 37 41 46 55 67 58 74 58 63 57 62 51 40 R vector Copy to clipboard a What is the mean of the sample? tRound to 4 decimat ptaces) bIWhat-is the standard deviation of the sample mean or the standard error? decimat places) (Round to 4 c What is the sample size? (Round to whole number) d) What is the t critical value for a 99% confidence interval? (Round to 4 decimal places). e) What is the error bound or margin of error? (Round to 4 decimal places) f) What are the Lower and Upper limits for a 99% confidence interval? [ (Round to 4 decimal places)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
Related questions
Question
Transcribed Image Text:Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock
price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The
data below shows the ages of the corporate CEOS for a random sample of these firms.
50
73
74
56
71
49
55
45
36 39
51
61
72
54
63
44
63
64
55
66
42
69
74
58
42
40
48
50
47
70
62
74
72
54
57
62
65
37
41
46
55
67
58
74
58
63
57 62
51
40
R vector
Copy to clipboard
a What is the mean of the sample?
HRound to 4 decimat ptaces
bWhat is the standard deviation ef the sample mean or the standard error?
decimat places)
(Round to 4
What is the sample size?
(Round to whole numbert
7 d) What is the t critical value for a 99% confidence interval?
(Round to 4 decimal places).
e) What is the error bound or margin of error?
(Round to 4 decimal places)
f) What are the Lower and Upper limits for a 99% confidence interval? [
(Round to 4 decimal places)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 6 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL