Jobs and productivity How do banks rate? One way to answer this question is to examine annual prefits per employee. The following data about annat profits per employee (in units of thousand collars per employee) for representative companies in forandal services. Assume 10.2 thousand dollars 413 46.739.7 41.8 29.2 53.050.2 30.6425 330 33.5 36.9 27.0 47.1 33.8 25.1 20.5 29.1 3.5 269 27.3 28.8 293 315 312 3138.0 32.0 31.2 32.9 21.154 4 369 319 25.5 232 29.6 23.5 26.5 26.7 (a) e color or appropriate computer software to find for the preceding data (Rount your answer to two decimal places thousand dollars to us say that the preceding data we representative of the entire sector of occatur) fancia services corporatione moda 70% confidence interval for w, the average annual prone per employee for two banks. Round your answer to two decimal one sand dollars thousand dollar es say that you are the manager of local bank with a number of employeet Suose the annual profits per employee ant less than 30 thousand dollars per employee. Do you think this might be somewhat lon compared with other successful financial institutions? Explain by referring to the condence interval you computed in part() Yes. This confidence interval suosts that the bank profits are less than those of other racial institutions Yes. This can interval suggests that the bank or do not differ from those of the financial institutions No. This confidence interval suggests that the bark profits are less than those of other financial istitutions No. This confidence interval suggests that the bank profits do not offer from those of other financial instutions (d) Suppose the annual protits are more than 40 thousand dollars per employee. As manager of the bank, would you feel somewhat better? Explain by referring to the confidence interval you computed in part (b). No. This contidence interval suggests that the bank profits are higher than those of other financial institutions No. This confidence interval suggests that the bank profits do not differ from those of other financial institutions Yes. This confidence interval suggests that the bank profits are higher than those of other financial institutions Yes. This confidence interval suggests that the bank profits do not differ from those of other financial institutions (e) Find a 90% confidence interval for the average annual profit per employee for all successful banks. Chound your answers to two decimal places) lower limit thousand dollars uppermit thousand dollars (1) Let us say that you are the manager of a local bank with a large number of employees. Suppose the annual profits per employee are iss than 30 thousand dollars per employee. Do you think this might be somewhat low compared with other successful financial institutions txplain by referring to the confidence interval you computed in part (0) Yes. This confidence interval suggests that the bank profits are less than those of other financial institution Yes. This confidence intervalues that the tank profits do not differ from those of the financial institutions No. This confidence interval suggests that the bank profits are less than those of other financial institutions No. This confidence werval suggests that the bank profits do not offer from those of other financial institutions (0) Suppose the annual profits are more than 40 thousand dollars per employee. As manager of the bank, would you feel somewhat better? Explain by referring to the confidence interval you computed in part (e) No. This confidence intervalsgests that the bank profits are her than those of other financial institutions No. This contidence interval suggests that the bank pronts do not affer from those of other financial institutions Yes. This confidence interval suggests that the bank profits are higher than those of other financial institutions This contidence interval suggests that the bank profits do not differ from those of other financial institutions Jobs and productivity How do banks rate? One way to answer this question is to examine annual prefits per employee. The following data about annat profits per employee (in units of thousand collars per employee) for representative companies in forandal services. Assume 10.2 thousand dollars 413 46.739.7 41.8 29.2 53.050.2 30.6425 330 33.5 36.9 27.0 47.1 33.8 25.1 20.5 29.1 3.5 269 27.3 28.8 293 315 312 3138.0 32.0 31.2 32.9 21.154 4 369 319 25.5 232 29.6 23.5 26.5 26.7 (a) e color or appropriate computer software to find for the preceding data (Rount your answer to two decimal places thousand dollars to us say that the preceding data we representative of the entire sector of occatur) fancia services corporatione moda 70% confidence interval for w, the average annual prone per employee for two banks. Round your answer to two decimal one sand dollars thousand dollar es say that you are the manager of local bank with a number of employeet Suose the annual profits per employee ant less than 30 thousand dollars per employee. Do you think this might be somewhat lon compared with other successful financial institutions? Explain by referring to the condence interval you computed in part() Yes. This confidence interval suosts that the bank profits are less than those of other racial institutions Yes. This can interval suggests that the bank or do not differ from those of the financial institutions No. This confidence interval suggests that the bark profits are less than those of other financial istitutions No. This confidence interval suggests that the bank profits do not offer from those of other financial instutions (d) Suppose the annual protits are more than 40 thousand dollars per employee. As manager of the bank, would you feel somewhat better? Explain by referring to the confidence interval you computed in part (b). No. This contidence interval suggests that the bank profits are higher than those of other financial institutions No. This confidence interval suggests that the bank profits do not differ from those of other financial institutions Yes. This confidence interval suggests that the bank profits are higher than those of other financial institutions Yes. This confidence interval suggests that the bank profits do not differ from those of other financial institutions (e) Find a 90% confidence interval for the average annual profit per employee for all successful banks. Chound your answers to two decimal places) lower limit thousand dollars uppermit thousand dollars (1) Let us say that you are the manager of a local bank with a large number of employees. Suppose the annual profits per employee are iss than 30 thousand dollars per employee. Do you think this might be somewhat low compared with other successful financial institutions txplain by referring to the confidence interval you computed in part (0) Yes. This confidence interval suggests that the bank profits are less than those of other financial institution Yes. This confidence intervalues that the tank profits do not differ from those of the financial institutions No. This confidence interval suggests that the bank profits are less than those of other financial institutions No. This confidence werval suggests that the bank profits do not offer from those of other financial institutions (0) Suppose the annual profits are more than 40 thousand dollars per employee. As manager of the bank, would you feel somewhat better? Explain by referring to the confidence interval you computed in part (e) No. This confidence intervalsgests that the bank profits are her than those of other financial institutions No. This contidence interval suggests that the bank pronts do not affer from those of other financial institutions Yes. This confidence interval suggests that the bank profits are higher than those of other financial institutions This contidence interval suggests that the bank profits do not differ from those of other financial institutions