An executive placement service needs to estimate the average salary of executives placed in a given industry.

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An executive placement service needs to estimate the average salary of executives placed in a given industry. A random sample of 40 executives gives x-bar = $42,539 and s = $11,690. Give a 90% confidence interval for the average salary of an executive placed in this industry.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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