A sample of 20 CEOs shows total annual compensations ranging from a minimum of $0.1 to $65.43 million. The average for these 20 CEOs is $23.629 million + 20 40 60 more The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOs is (-14.98,62.24) SM Why should you be hesitant to trust this confidence interval? Choose the correct answer below OA. The assumptions and conditions for a t-interval are not met. The distribution is bimodal OB. The assumptions and conditions for a 1-interval are not met. The distribution is too skewed for a sample size of only 20 C. The assumptions and conditions for a tinterval are not met. The distribution has a large outier that is pulling the mean higher OD. The assumptions and conditions for a 1-interval are met. The confidence interval is satisfactory
A sample of 20 CEOs shows total annual compensations ranging from a minimum of $0.1 to $65.43 million. The average for these 20 CEOs is $23.629 million + 20 40 60 more The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOs is (-14.98,62.24) SM Why should you be hesitant to trust this confidence interval? Choose the correct answer below OA. The assumptions and conditions for a t-interval are not met. The distribution is bimodal OB. The assumptions and conditions for a 1-interval are not met. The distribution is too skewed for a sample size of only 20 C. The assumptions and conditions for a tinterval are not met. The distribution has a large outier that is pulling the mean higher OD. The assumptions and conditions for a 1-interval are met. The confidence interval is satisfactory
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
Related questions
Question
![A sample of 20 CEOs shows total annual
compensations ranging from a minimum of $0.1 to
$65.43 million. The average for these 20 CEO is
$23.629 million
Number of CEO
ame
20
perisation in
on in mone
The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOs is (-14.98,62.24) SM
Why should you be hesitant to trust this confidence interval?
Total
Choose the correct answer below
OA. The assumptions and conditions for a t-interval are not met. The distribution is bimodal,
OB. The assumptions and conditions for a 1-interval are not met. The distribution is too skewed for a sample size of only 20
ⒸC. The assumptions and conditions for a tinterval are not met. The distribution has a large outlier that is pulling the mean higher.
OD. The assumptions and conditions for a 1-interval are met. The confidence interval is satisfactory
40 60](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F917c3cf7-da96-4e64-810e-7329b2355bb0%2F055b4762-6ab1-4c74-9a03-7cd61650b0f8%2Fuy447q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A sample of 20 CEOs shows total annual
compensations ranging from a minimum of $0.1 to
$65.43 million. The average for these 20 CEO is
$23.629 million
Number of CEO
ame
20
perisation in
on in mone
The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOs is (-14.98,62.24) SM
Why should you be hesitant to trust this confidence interval?
Total
Choose the correct answer below
OA. The assumptions and conditions for a t-interval are not met. The distribution is bimodal,
OB. The assumptions and conditions for a 1-interval are not met. The distribution is too skewed for a sample size of only 20
ⒸC. The assumptions and conditions for a tinterval are not met. The distribution has a large outlier that is pulling the mean higher.
OD. The assumptions and conditions for a 1-interval are met. The confidence interval is satisfactory
40 60
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