Listed below are the top 10 salaries (in millions of dollars) of television personalities in a recent year.
38 36 35 27 15 13 12 10 9.6 8.4
Use the sample data to construct a 95% confidence interval for the population mean and correctly interpret your answer.

Respuesta :

Answer:

The correct answer is "(11.69, 29.11)".

Step-by-step explanation:

Given:

[tex]38 \ 36\ 35\ 27\ 15\ 13\ 12\ 10\ 9.6\ 8.4[/tex]

[tex]n=10[/tex]

As per the question,

Mean,

[tex]\bar x=20.40[/tex]

Standard deviation,

[tex]s=12.17[/tex]

or,

[tex]df=10-1[/tex]

    [tex]=9[/tex]

For 95% confidence interval,

[tex]t^*=2.262[/tex]

hence,

The 95% confidence interval will be:

= [tex]\bar x \pm \ t^*\times \frac{s}{\sqrt{10} }[/tex]

By substituting the values, we get

= [tex]20.40 \pm 2.262\times \frac{12.17}{\sqrt{10} }[/tex]

= [tex](11.69, 29.11)[/tex]