Answered: Listed below are the months of net…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 26PFA

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Listed below are the months of net worth and millions of dollars of the 10 wealthiest celebrities in a country construct a 95% confidence interval what is the result tell us about the population of all celebrities do the data. To be a from a normally distributed population as required to 64 of 196 184 167 158 153 146 146 146 141 what is a confidence interval estimate of the population mean

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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