Economic

Exercise 8-25 Algo The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious Investment professionals. Although it requires a successful completion of three levels of grueling exams, It also entails promising careers with lucrative salaries, A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 55 recent charterholders and computes a mean salary of $152,000 with a standard deviation of $26,000. Use this sample information to determine the 95% confidence interval for the average salary of a CFA charterholder. (You may find it useful to reference the (table. Round final answers to the nearest whole number.) Confidence intervalExercise 8-25 Algo The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious Investment professionals. Although it requires a successful completion of three levels of grueling exams, It also entails promising careers with lucrative salaries, A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 55 recent charterholders and computes a mean salary of $152,000 with a standard deviation of $26,000. Use this sample information to determine the 95% confidence interval for the average salary of a CFA charterholder. (You may find it useful to reference the (table. Round final answers to the nearest whole number.) Confidence interval