In a psychology journal, researchers reported that a chief executive officer's facial structure can be used to predict a firm's financial performance. The study involved measuring the facial width-to-height ratio (WHR) for each in a sample of 51 CEOS at publicly traded Fortune 500 firms. These WHR values (determined by computer analyzing a photo of the CEO's face) had a mean of x = 1.81 and a standard deviation of s = 0.12. Use this information to complete parts a and b below. a. Find and interpret a 90% confidence interval for u, the mean facial WHR for all CEOS at publicly traded Fortune 500 firms. (Round to three decimal places as needed.) O A. The 90% confidence interval for mean facial WHR indicates that the true mean facial WHR for the CEOS in the sample is between and with 90% confidence. O B. The 90% confidence interval for mean facial WHR indicates that 90% of all CEOS at publicly traded Fortune 500 firms have a WHR between and O C. The 90% confidence interval for mean facial WHR score indicates that 90% of CEOS in the sample have a WHR between and O D. The 90% confidence interval for mean facial WHR indicates that the true mean facial WHR for all CEOS at publicly traded Fortune 500 firms i between with 90% and confidence.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.