Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

if desired to estimate the average total compensation of CEOs in the service ind

ID: 3217539 • Letter: I

Question

if desired to estimate the average total compensation of CEOs in the service industry. data were randomly collected from 18 CEOS and the 97% confidence interval was calculated to be )2, 181, 260, 5, 836, 180) what assumptions are necessary to this confidence interval to be valid? a) none. the central limit theorem applies. b) the sample is randomly selected from a population of total compensations that is a t distribution. c) the distribution of means is approximately normal d) the total compensation of CEOs in the service industry is approximately normally distributed if desired to estimate the average total compensation of CEOs in the service industry. data were randomly collected from 18 CEOS and the 97% confidence interval was calculated to be )2, 181, 260, 5, 836, 180) what assumptions are necessary to this confidence interval to be valid? a) none. the central limit theorem applies. b) the sample is randomly selected from a population of total compensations that is a t distribution. c) the distribution of means is approximately normal d) the total compensation of CEOs in the service industry is approximately normally distributed if desired to estimate the average total compensation of CEOs in the service industry. data were randomly collected from 18 CEOS and the 97% confidence interval was calculated to be )2, 181, 260, 5, 836, 180) what assumptions are necessary to this confidence interval to be valid? a) none. the central limit theorem applies. b) the sample is randomly selected from a population of total compensations that is a t distribution. c) the distribution of means is approximately normal d) the total compensation of CEOs in the service industry is approximately normally distributed

Explanation / Answer

Here sample size is 18 which is less than 30 so central limit theorem cannot be applied. That is we need to assume that populaiton is normally distributed.

Folloiwng option is correct:

d) the total compensation of CEOs in the service industry is approximately normally distributed

Related Questions

if a heavy nucleus that is initially at rest undergoes alpha decay, which has mo
Question #1500200
if a jumping frog can give itself the same initial speed regardless of the direc
Question #1337116
if a jumping frog can give itself the same initial speed regardless of the direc
Question #1357336
if a lab group did not keep the flask submerged 1. Ifa lab group did not keep th
Question #1049726
if a meter stick has a mark every 10cm(100mm) the least count is 10cm. If marked
Question #2124912
if a method does not return a value what return type should you use? Select one:
Question #3559824
if a mobile device is lost or stolen, several different security features can be
Question #3927030
if a patient has sensorineural deafness, in which ear do you think the sound wil
Question #210781

Navigate

Previous
if department H had 600 units 60% completed in process at the beginning of the p
Next
if duchenne muscular dystrophy (DMD) a x linked recessive condition in humans ha

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.