that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value a/2. (B) in the chucal Za/2, or (c) state that neither the normal distribution nor the t distribution applies. Assume value The confidence level is 99% , o=4107 thousand dollars, and the histogram of 60 player salaries (in thousands of dollars) of football players on a team is as shown. ⒸA. 1/2=X OB. (Round to two decimal places as needed.) Za/2= (Round to two decimal places as needed.) OC. Neither the normal distribution nor the t distribution applies. (D) Juanba 40- 30- 20- 10- 0- 0 4000 8000 12000 16000 20000 Salary (thousands of dollars)
that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value a/2. (B) in the chucal Za/2, or (c) state that neither the normal distribution nor the t distribution applies. Assume value The confidence level is 99% , o=4107 thousand dollars, and the histogram of 60 player salaries (in thousands of dollars) of football players on a team is as shown. ⒸA. 1/2=X OB. (Round to two decimal places as needed.) Za/2= (Round to two decimal places as needed.) OC. Neither the normal distribution nor the t distribution applies. (D) Juanba 40- 30- 20- 10- 0- 0 4000 8000 12000 16000 20000 Salary (thousands of dollars)
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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Question

Transcribed Image Text: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 99%, \( \sigma = 4107 \) thousand dollars, and the histogram of 60 player salaries (in thousands of dollars) of football players on a team is as shown.
**Histogram Description:**
- The horizontal axis represents Salary (in thousands of dollars) ranging from 0 to 20,000.
- The vertical axis represents Frequency.
- The histogram shows:
- A peak around the lower salary range (0–4,000), with frequency nearly at 40.
- A sudden drop beyond 4,000 with sparse occurrences up to 20,000.
**Options:**
- **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.
![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 99%, \( \sigma = 4107 \) thousand dollars, and the histogram of 60 player salaries (in thousands of dollars) of football players on a team is as shown:
### Histogram Description
- **X-axis (Salary in thousands of dollars):** Ranges from 0 to 20000.
- **Y-axis (Frequency):** Ranges from 0 to 40.
- **Data Distribution:**
- The majority of the player salaries are concentrated between 0 and 4000 thousand dollars, with the frequency peaking at around 35 players.
- There are a few player salaries extending up to 20000 thousand dollars, with very low frequencies past 8000 thousand dollars.
### Exercise Instructions
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.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F381c88fc-86c8-43b0-81f2-55a4fcd1abcd%2F01e41d87-b15c-47de-81a4-704809841564%2Fpv3yrl_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 99%, \( \sigma = 4107 \) thousand dollars, and the histogram of 60 player salaries (in thousands of dollars) of football players on a team is as shown:
### Histogram Description
- **X-axis (Salary in thousands of dollars):** Ranges from 0 to 20000.
- **Y-axis (Frequency):** Ranges from 0 to 40.
- **Data Distribution:**
- The majority of the player salaries are concentrated between 0 and 4000 thousand dollars, with the frequency peaking at around 35 players.
- There are a few player salaries extending up to 20000 thousand dollars, with very low frequencies past 8000 thousand dollars.
### Exercise Instructions
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.)
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