Solved: ?Confidence Intervals. In Exercises 9–24, construct the confidence interval
Chapter 7, Problem 21(choose chapter or problem)
Confidence Intervals. In Exercises 9–24, construct the confidence interval estimate of the mean.
Celebrity Net Worth Listed below are the amounts of net worth (in millions of dollars) of these ten wealthiest celebrities: Tom Cruise, Will Smith, Robert De Niro, Drew Carey, George Clooney, John Travolta, Samuel L. Jackson, Larry King, Demi Moore, and Bruce Willis. Construct a 98% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required?
250 200 185 165 160 160 150 150 150 150
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