Assume that we want to construct a confidence interval. Do one of the following, as appropriate: Find the critical value ta/2 Find the critical value Za/2 State that neither the normal distribution nor the t distribution applies. The confidence level is 99%, o is not known, and the histogram of 59 player salaries (in thousands of dollars) of football players on a team is as shown.
Assume that we want to construct a confidence interval. Do one of the following, as appropriate: Find the critical value ta/2 Find the critical value Za/2 State that neither the normal distribution nor the t distribution applies. The confidence level is 99%, o is not known, and the histogram of 59 player salaries (in thousands of dollars) of football players on a team is as shown.
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question

Transcribed Image Text:Assume that we want to construct a confidence interval. Do one of the following, as appropriate:
Find the critical value ta/2
Find the critical value Za/2
State that neither the normal distribution nor the t distribution applies.
The confidence level is 99%, o is not known, and the histogram of 59 player salaries (in thousands of dollars) of football players on a team is as
shown.
L.
4000
O B.za/2 = 2.66
O C.ta/2= 1.67
12000
8000
Salary (thousands of dollars)
O A. Neither the normal distribution nor the t distribution applies.
O D. ta/2 = 2.00
16000
20000

Transcribed Image Text:Frequency
4000
BOOD
12000
Salary thousands of dollars)
16000
20000
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