The boxplot below shows salaries for Actuaries and CPAS. СРА Actuary 50 60 70 80 90 100 io 30 40 Salary (thousands of $) Karina makes the median salary for an Actuary. Chasity makes the median salary for a CPA. Who makes more money? Karina O Chasity

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Q: The boxplot below shows salaries for Actuaries and CPAs. CPA H Actuary 30 40 50 60 70 80 90 100…

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Q: You sell a 50 put for 4. Stock ends at $47. Profit=............

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Q: Actuary 0 + 30 40 50 60 70 80 90 100 110 120 Salary (thousands of $) ristina makes the minimum…

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Q: The boxplot below shows salaries for Actuaries and CPAS. СРА Actuary 30 40 50 60 70 80 90 Salary…

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A: Solution:  n=10 sample size xd=∑dn=0.4110=0.041 sd= ∑(d-d)2n-1sd=0.276699sd= 0.175338

Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.