Question: Would someone mind helping explain how to solve this question and achieve the answer? Data set: https://docs.google.com/spreadsheets/d/1yYsTX3rPF1_HIZnDb6CjXIjZIWI6jzsrwBpvsEpV_hw/edit?usp=sharing The attached Excel file2013 NCAA BB Tournamentshows the

Would someone mind helping explain how to solve this question and achieve the answer?

Data set: https://docs.google.com/spreadsheets/d/1yYsTX3rPF1_HIZnDb6CjXIjZIWI6jzsrwBpvsEpV_hw/edit?usp=sharing

The attached Excel file2013 NCAA BB Tournamentshows the salaries paid to the coaches of 62 of the 68 teams in the 2013 NCAA basketball tournament (not all private schools report their coach's salaries). Consider these 62 salaries to be a sample from the population of year 2013 salaries of all 346 NCAA Division I basketball coaches.

Question 1. Use the 62 salaries from the TOTAL PAY column to construct a90% confidence interval for the mean year 2013 salary of all basketball coaches in NCAA Division I.

________ lower bound of confidence interval

________ upper bound of confidence interval

Question 2. Coach Mike Krzyzewski's high salary is an outlier and could be significantly affecting the confidence interval results. Remove Coach Krzyzewski's salary from the data and recalculate the90% confidence interval using the remaining 61 salaries.

________ lower bound of confidence interval

_________ upper bound of confidence interval.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!