Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 184 160 263 198 157 157 152 What is the confidence interval estimate of the population measu? $ million<<$ million (Round to one decimal place as needed.) 152 152 152

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a
country. Construct a 95% confidence interval. What does the result tell us about the population of all
celebrities? Do the data appear to be from a normally distributed population as required?
263 198 184 160 157 157
152
What is the confidence interval estimate of the population measu?
million <<$ million
(Round to one decimal place as needed.)
152 152 152
Transcribed Image Text:K Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 263 198 184 160 157 157 152 What is the confidence interval estimate of the population measu? million <<$ million (Round to one decimal place as needed.) 152 152 152
Expert Solution
Step 1

Given

n=10

Confidence interval=95%

Df=n-1=10-1=9

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