A sample of 20 CEOS shows total annual compensations ranging from a minimum of $0.1 to $62.57 million. The average for these 20 CEOS is $34.110 million. 10 Q 20 60 20 40 Total compensation in millions 60 80 40 Total compensation in millions The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOS is (-8.05,76.27) SM. Why should you be hesitant to trust this confidence interval? Choose the correct answer below. O A. The assumptions and conditions for a t-interval are not met. The distribution has a large outlier that is pulling the mean higher. O B. The assumptions and conditions for a t-interval are not met. The distribution is too skewed for a sample size of only 20. OC. The assumptions and conditions for a t-interval are not met. The distribution is bimodal. O D. The assumptions and conditions for a t-interval are met. The confidence interval is satisfactory.

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A sample of 20 CEOS shows total annual compensations
ranging from a minimum of $0.1 to $62.57 million. The average
for these 20 CEOS is $34.110 million.
60
20 40
60
80
40
Total compensation in millions
Total compensation in millions
The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOS is (-8.05,76.27) SM. Why should you be hesitant to
trust this confidence interval?
Choose the correct answer below.
O A. The assumptions and conditions for a t-interval are not met. The distribution has a large outlier that is pulling the mean higher.
O B. The assumptions and conditions for a t-interval are not met. The distribution is too skewed for a sample size of only 20.
OC. The assumptions and conditions for a t-interval are not met. The distribution is bimodal.
O D. The assumptions and conditions for a t-interval are met. The confidence interval is satisfactory.
Number of CEOS
Transcribed Image Text:A sample of 20 CEOS shows total annual compensations ranging from a minimum of $0.1 to $62.57 million. The average for these 20 CEOS is $34.110 million. 60 20 40 60 80 40 Total compensation in millions Total compensation in millions The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOS is (-8.05,76.27) SM. Why should you be hesitant to trust this confidence interval? Choose the correct answer below. O A. The assumptions and conditions for a t-interval are not met. The distribution has a large outlier that is pulling the mean higher. O B. The assumptions and conditions for a t-interval are not met. The distribution is too skewed for a sample size of only 20. OC. The assumptions and conditions for a t-interval are not met. The distribution is bimodal. O D. The assumptions and conditions for a t-interval are met. The confidence interval is satisfactory. Number of CEOS
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