You want to test the claim that the mean annual income of all movie stars is greater
Question:
You want to test the claim that the mean annual income of all movie stars is greater than $1 million, but you know that income data are not normally distributed (they are right-skewed). Therefore you cannot use the t distribution to test the claim with a sample consisting of only 5 movie star incomes, but you can test the claim if you have a sample of 50 movie star incomes.
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Step by Step Answer:
First lets take a look at the 5 data points Their means are 3212332 a red triangle 2786396 a bl...View the full answer
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Related Book For 
Statistical Reasoning For Everyday Life
ISBN: 978-0134494043
5th Edition
Authors: Jeff Bennett, William Briggs, Mario Triola
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