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%, \( \sigma = 3827 \) thousand dollars, and the histogram of 61 player salaries (in thousands of dollars) of football players on a team is as shown.**Histogram Explanation:**- The x-axis represents the salary in thousands of dollars.- The y-axis represents the frequency of players.- The histogram shows a right-skewed distribution where most players earn between 0 and 4000 thousand dollars, with a few earning significantly more, up to 20,000 thousand dollars.**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.

Given ; confidence level,c=0.95

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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