The monthly incomes from a random sample of faculty at a university are shown below Monthly Income ($1000s) 3 0 4 0 6 0 3 0 5 0 5 0 6 0 8 0 Using a T Test, Compute a 90 confidence interval for the mean of the population The population of all faculty incomes is known to be normally distributed Give ...

Solution Noof Samples n 8 The following data set in 1000s 3000 4000 6000 3000 5 ...

The monthly incomes from a random sample of faculty at a university are shown below. Monthly Income

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The monthly incomes from a random sample of faculty at a university are shown below.

Monthly Income ($1000s)
3.0
4.0
6.0
3.0
5.0
5.0
6.0
8.0

Using a T-Test, Compute a 90% confidence interval for the mean of the population. The population of all faculty incomes is known to be normally distributed. Give your answer in dollars.

Related Book For answer-question

Statistics for Business and Economics

ISBN: 978-0132930192

8th edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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Posted Date: Nov 25, 2019 10:58 AM

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The monthly incomes from a random sample of faculty at a university are shown below. Monthly Income

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Statistics for Business and Economics

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