us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 203 175 249 172 164 151 146 at is the confidence interval estimate of the population mean μ? million <µ<$ million und to one decimal place as needed.) 146 141 merval. 141

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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**Educational Content: Statistical Analysis of Celebrity Net Worth**

**Data Overview**

The following data represents the net worth (in millions of dollars) of the ten wealthiest celebrities in a country:

- 249 million
- 203 million
- 175 million
- 172 million
- 164 million
- 151 million
- 146 million
- 146 million
- 141 million
- 141 million

**Objective**

The task is to construct a 90% confidence interval for the population mean (\( \mu \)) of the net worth of all celebrities based on this sample. Additionally, we are to determine if the data is from a normally distributed population as required for accurate interval estimation.

**Graphical Explanation**

The prompt does not include a graphical representation, but a horizontal line is shown, likely as a separator. There are empty fields for input below the line where the confidence interval is to be recorded.

**Question**

What is the confidence interval estimate of the population mean \( \mu \)?

Input Format:
\[ \text{\$} \_\text{ million} < \mu < \_\text{ million} \]
(Round to one decimal place as needed.)
Transcribed Image Text:**Educational Content: Statistical Analysis of Celebrity Net Worth** **Data Overview** The following data represents the net worth (in millions of dollars) of the ten wealthiest celebrities in a country: - 249 million - 203 million - 175 million - 172 million - 164 million - 151 million - 146 million - 146 million - 141 million - 141 million **Objective** The task is to construct a 90% confidence interval for the population mean (\( \mu \)) of the net worth of all celebrities based on this sample. Additionally, we are to determine if the data is from a normally distributed population as required for accurate interval estimation. **Graphical Explanation** The prompt does not include a graphical representation, but a horizontal line is shown, likely as a separator. There are empty fields for input below the line where the confidence interval is to be recorded. **Question** What is the confidence interval estimate of the population mean \( \mu \)? Input Format: \[ \text{\$} \_\text{ million} < \mu < \_\text{ million} \] (Round to one decimal place as needed.)
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Sample size n =10

90% Confidence level 

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