Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country.. Construct a 99% confidence interval. What does the result tell us about the population of allycelebrities? Do the data appear to be from a normally distributed population as required?149149155155149149196170204263delWhat is the confidence interval estimate of the population mean p?ECrmillionmillion < u

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Asked Dec 4, 2019
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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 99% confidence interval. What does the result tell us about the population of all
y
celebrities? Do the data appear to be from a normally distributed population as required?
149
149
155
155
149
149
196
170
204
263
del
What is the confidence interval estimate of the population mean p?
ECr
million
million < u<$
$
(Round to one decimal place as needed.)
ext
apt
ools f
?
Multin
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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 99% confidence interval. What does the result tell us about the population of all y celebrities? Do the data appear to be from a normally distributed population as required? 149 149 155 155 149 149 196 170 204 263 del What is the confidence interval estimate of the population mean p? ECr million million < u<$ $ (Round to one decimal place as needed.) ext apt ools f ? Multin Enter your answer in the edit fields and then click Check Answer. Check Answer Clear All Purcha 2 parts remaining Permissions Contact US Course ToolS 9:12 AM 5 12/4/2019 a O e Type here to search 6 5

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Expert Answer

Step 1

Given that

N=10 (t test)

C.I=99% = 0.99.

The samples are

263 204 196 170 155 155 149 149 149 149

Step 2

Calculation:

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х-хbar (x-xbar)^2 263 89.1 7938.81 30.1 906.01 204 22.1 488.41 196 170 -3.9 15.21 -18.9 357.21 155 -18.9 155 357.21 149 -24.9 620.01 149 -24.9 620.01 149 -24.9 620.01 149 24.9 620.01 12542.9 1739 sum |average 173.9

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Step 3
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a1-0.99 a 0.01 теan 3D 173.9 Σ-Ε stan dard deviation= n-1 12542.9 9 = v1393.65 s37.33

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Hypothesis Testing

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