The file P08_05.xlsx contains salary data on all NFL players in each of the years 2002 to

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The file P08_05.xlsx contains salary data on all NFL players in each of the years 2002 to 2009. Because this file contains all players for each of these years, you can calculate the population mean for each year if population is defined as all NFL players that year. However, proceed as in the previous chapter to select a random sample of size 50 from the 2009 population. Based on this random sample, calculate a 95% confidence interval for the mean NFL total salary in 2009. Does it contain the population mean? Repeat this procedure several times until you find a random sample where the population mean is not included in the confidence interval.

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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