The histogram of 65 player salaries (thousands of dollars) is as shown below:

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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14
The histogram of 65 player salaries (thousands of dollars) is as shown below:
35
35
30
25
20
15
15
10
5
5
2
2
2000 4000 6000 8000 10000 12000 16000 20000
Salary (thousands of dollars)
(a) Find the sample mean (7) in thousands of dollars (Round to 3 decimal places).
(a).
(b) Find the sample standard deviation (s) in thousands of dollars (Round to 3 decimal
places).
(b)
(c) Find the margin of error for mean for 95% confidence level (Round to 3 decimal
places).
(c)
(d) Construct the 95% confidence interval for true mean (Round to 3 decimal places).
(d)
Frequency
2.
Transcribed Image Text:14 The histogram of 65 player salaries (thousands of dollars) is as shown below: 35 35 30 25 20 15 15 10 5 5 2 2 2000 4000 6000 8000 10000 12000 16000 20000 Salary (thousands of dollars) (a) Find the sample mean (7) in thousands of dollars (Round to 3 decimal places). (a). (b) Find the sample standard deviation (s) in thousands of dollars (Round to 3 decimal places). (b) (c) Find the margin of error for mean for 95% confidence level (Round to 3 decimal places). (c) (d) Construct the 95% confidence interval for true mean (Round to 3 decimal places). (d) Frequency 2.
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