Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 250 214 193 174 165 159 146 146 146 146 What is the confidence interval estimate of the population mean µ? Smillion

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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Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the
result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required?
250
214
193
174
165
159
146
146
146
146
What is the confidence interval estimate of the population mean p?
S million <u< $
million
(Round to one decimal place as needed.)
Transcribed Image Text:Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 250 214 193 174 165 159 146 146 146 146 What is the confidence interval estimate of the population mean p? S million <u< $ million (Round to one decimal place as needed.)
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