Estimate of the mean salary, Basic Statistics

Estimate of the mean salary

A simple random sample of 40 salaries of NCAA football coaches has a mean of $415,953 and a standard deviation of $463,364.

a. Find the best point estimate of the mean salary of all NCAA football coaches.

b. Construct a 95% confidence interval estimate of the mean salary of an NCAA football coach.

c. Does the confidence interval contain the actual population mean of $474,477?

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Basic Statistics: Estimate of the mean salary

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Basic Statistics: Estimate of the mean salary

Reference No:- TGS0722734

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Basic Statistics: Estimate of the mean salary

Reference No:- TGS0722734

Recent Questions Asked Basic Statistics

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Q : Population standard deviation for weekly viewing

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