Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value $ t_{\alpha/2} $; (b) find the critical value $ z_{\alpha/2} $; or (c) state that neither the normal distribution nor the t distribution applies.The confidence level is 99%, $\sigma$ is not known, and the histogram of 58 player salaries (in thousands of dollars) of football players on a team is as shown.**Histogram Description:**The histogram displays the frequency of player salaries categorized into bins. Most salaries are clustered in the lower range, with the largest frequency occurring in the $4000 to $6000 range. The distribution is right-skewed, with fewer players earning higher salaries above $6000, up to $20000.**Select the correct choice below and, if necessary, fill in the answer box to complete your choice:**- $ \circ $ A. $ t_{\alpha/2} = $ _______ (Round to two decimal places as needed.)- $ \circ $ B. $ z_{\alpha/2} = $ _______ (Round to two decimal places as needed.)- $ \circ $ C. Neither the normal distribution nor the t distribution applies.

Given : Population standard deviation is not known.

Answered: Assume that we want to construct a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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e19
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