A magazine published data on the best small firms in a certain year. These were firms that had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the corporate CEOs for a random sample of these firms. 49 57 59 74 60 63 57 43 67 67 55 55 Use this sample data to construct a 90% confidence interval for the mean age of CEO's for these top small firms. Use the Student's t-distribution. (Round your answers to two decimal places.) 45555 59 52 60 63 53 60 57 57 47 5248 61 62 55 50 46 55 49 49
A magazine published data on the best small firms in a certain year. These were firms that had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion. The table below shows the ages of the corporate CEOs for a random sample of these firms. 49 57 59 74 60 63 57 43 67 67 55 55 Use this sample data to construct a 90% confidence interval for the mean age of CEO's for these top small firms. Use the Student's t-distribution. (Round your answers to two decimal places.) 45555 59 52 60 63 53 60 57 57 47 5248 61 62 55 50 46 55 49 49
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Question
![A magazine published data on the best small firms in a certain year. These were firms that had been publicly traded for at
least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1
billion. The table below shows the ages of the corporate CEOS for a random sample of these firms.
49
59
9555
57
57
74
8345
52
63 53
57
47
61 62
60 60
63 57
60 55
50
46
55
49
49
67 55
Use this sample data to construct a 90% confidence interval for the mean age of CEO's for these top small firms. Use the
Student's t-distribution. (Round your answers to two decimal places.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F504950e1-8f3a-4574-9e25-55161a16c75e%2F3fffd676-6ebc-449b-8b37-2f15d12aac07%2Fr0pntfj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A magazine published data on the best small firms in a certain year. These were firms that had been publicly traded for at
least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1
billion. The table below shows the ages of the corporate CEOS for a random sample of these firms.
49
59
9555
57
57
74
8345
52
63 53
57
47
61 62
60 60
63 57
60 55
50
46
55
49
49
67 55
Use this sample data to construct a 90% confidence interval for the mean age of CEO's for these top small firms. Use the
Student's t-distribution. (Round your answers to two decimal places.)
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