Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value t/2, (b) find the critical value za/2, or (c) state that neither the normal distribution nor the t distribution applies. 40- 30- The confidence level is 95%, o is not known, and the histogram of 58 player salaries (in thousands of dollars) of football players on a team is as shown. 20- 10- 0- 4000 8000 1200 Salary (thousands of da ...... Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. ta/2= Frequency
Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value t/2, (b) find the critical value za/2, or (c) state that neither the normal distribution nor the t distribution applies. 40- 30- The confidence level is 95%, o is not known, and the histogram of 58 player salaries (in thousands of dollars) of football players on a team is as shown. 20- 10- 0- 4000 8000 1200 Salary (thousands of da ...... Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. ta/2= Frequency
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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Transcribed Image Text: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 95%, \(\sigma\) is not known, and the histogram of 58 player salaries (in thousands of dollars) of football players on a team is as shown.
**Histogram Explanation:**
- The histogram displays the frequency distribution of the salaries (in thousands of dollars) of 58 football players.
- The horizontal axis represents salary ranges from 0 to 20,000.
- The vertical axis represents the frequency of players within each salary range.
- The highest bar is in the range of \(0 - 4000\), indicating the highest frequency of players earning in that salary range.
- Salaries become less frequent as the amount increases, which shows a right-skewed distribution.
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. \( t_{\alpha/2} = \_\_\_\_ \)
(Round to two decimal places as needed.)
B. \( z_{\alpha/2} = \_\_\_\_ \)
(Round to two decimal places as needed.)
C. Neither the normal distribution nor the t distribution applies.
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