Answer:c
Step-by-step explanation:
Answer:
90
Step-by-step explanation:
Answer:
6![\frac{2}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B2%7D%7B3%7D)
Step-by-step explanation:
y + 1
= 7![\frac{5}{6}](https://tex.z-dn.net/?f=%5Cfrac%7B5%7D%7B6%7D)
y +
= ![\frac{47}{6}](https://tex.z-dn.net/?f=%5Cfrac%7B47%7D%7B6%7D)
y = 40/6 = 20/3 = 6![\frac{2}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B2%7D%7B3%7D)
Answer:
b) We are 90% confident that the mean salary of all CEOs in the electronics industry falls in the interval $139,048 to $154,144.
Step-by-step explanation:
Confidence interval:
Confidence level of x%
We build from a sample.
Between a and b.
Intepretation: We are x% sure that the population mean is between a and b.
In this question:
90%
45 CEO's
Between ($139,048, $154,144).
So
We are 90% sure that the mean salary of all CEO's falls within this interval.
The correct answer is:
b) We are 90% confident that the mean salary of all CEOs in the electronics industry falls in the interval $139,048 to $154,144.