The average salary of 81 random employees in a certain financial sector was 3400 USD. The sample standard deviation was 270 USD. We are interested in the 90% confidence interval for the population mean. What is the value of the ta/2 used? Select one: O a. 1.664 O b. 1.292 O c. 2.374 O d. 2.639 Ое. е. 1.990 O f. 0.846

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The average salary of 81 random employees in a
certain financial sector was 3400 USD. The sample
standard deviation was 270 USD. We are
interested in the 90% confidence interval for the
population mean. What is the value of the tal2
used?
Select one:
О а. 1.664
O b. 1.292
Ос. 2.374
O d. 2.639
O e. 1.990
O f. 0.846
Transcribed Image Text:The average salary of 81 random employees in a certain financial sector was 3400 USD. The sample standard deviation was 270 USD. We are interested in the 90% confidence interval for the population mean. What is the value of the tal2 used? Select one: О а. 1.664 O b. 1.292 Ос. 2.374 O d. 2.639 O e. 1.990 O f. 0.846
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman