Mathematics, 04.04.2020 12:44 Adailson8890
A random sample of n = 16 professors from a university has been selected; salaries have been plotted on the following Q-Q plot. qqplot If we created a 95% confidence interval for salaries to be ($99,881, $171,172), how would we interpret that interval? Since n = 16 > 15, we can use the CLT to say we are 95% sure that all professors' salaries at this university are between $99,881 and $171,172. Since n = 16 > 15, we can use the CLT to say we are 95% sure the average of all professors' salaries at this university is between $99,881 and $171,172. We actually can't be 95% sure the average professor salary is in the interval, since the salaries are right-skewed and n = 16 < 30.
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A random sample of n = 16 professors from a university has been selected; salaries have been plotted...
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