**Educational Transcript on Coaching Salaries in NCAA Division 1 Basketball**John Calipari, head basketball coach for the 2012 national champion University of Kentucky Wildcats, is cited as the highest paid coach in college basketball with an annual salary of $5.4 million (USA Today, March 29, 2012). Below is a sample showing the head basketball coach's salary for 10 schools participating in NCAA Division 1 basketball. These figures are in millions of dollars.| University | Coach’s Salary ||-----------------|----------------|| Indiana | 2.2 || Xavier | 0.5 || Texas | 2.4 || Connecticut | 2.7 || West Virginia | 2.0 || Syracuse | 1.5 || Murray State | 0.2 || Florida State | 1.5 || South Dakota State | 0.1 || Vermont | 0.2 |**Statistical Analysis**a. **Sample Mean Calculation**: Use the sample mean from the 10 schools to estimate the population mean annual salary for head basketball coaches at colleges participating in NCAA Division 1 basketball. The sample mean is calculated to be 1.33 million dollars.b. **Population Standard Deviation Estimation**: An attempt was made to use the data to estimate the population standard deviation for the annual salary of head basketball coaches, to four decimal places.c. **95% Confidence Interval for Population Variance**: The confidence interval is provided as (0.48, 3.35).d. **95% Confidence Interval for Population Standard Deviation**: The confidence interval is given as (0.69, 1.83).These calculations allow for data-driven estimates about the financial distributions of head coach salaries in basketball programs across different universities.

We have given that, The data set is, 2.2, 0.5, 2.4, 2.7, 2.0, 1.5, 0.2, 1.5, 0.1, 0.2

Answered: John Calipari, head basketball coach…

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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