Forbes magazine published data on the best small firms in 2012. These were firms that had been

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Forbes magazine published data on the best small firms in 2012. These were firms that had been publicly traded for at least a year, have a stock price of at least $5 per share, and have reported annual revenue between $5 million and $1 billion.

The Table 8.4 shows the ages of the corporate CEOs for a random sample of these firms.

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Use this sample data to construct a 90% confidence interval for the mean age of CEO’s for these top small firms. Use the Student's t-distribution.

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Introductory Business Statistics

ISBN: 202318

1st Edition

Authors: Alexander Holmes , Barbara Illowsky , Susan Dean

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Question Posted: May 10, 2024 02:02 PM

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Forbes magazine published data on the best small firms in 2012. These were firms that had been

Question:

48 58 51 61 56 59 74 63 53 50 59 60 60 57 46 55 63 57 47 55 57 43 61 62 49 67 67 55 55 49 Table 8.4

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Introductory Business Statistics

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