Question
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval.
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a
95%
confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required?
249 | 206 | 187 | 163 | 157 | 154 | 146 | 146 | 146 | 146 |
Question content area bottom
Part 1
What is the confidence interval estimate of the population mean
?
$enter your response here
million<<$enter your response here
million
(Round to one decimal place as needed.)
Part 2
What does the result tell us about the population of all celebrities? Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice.
A.
Because the ten wealthiest celebrities are not a representative sample, this doesn't provide any information about the population of all celebrities.
B.
We are
95%
confident that the interval from
$enter your response here
million to
$enter your response here
million actually contains the true mean net worth of all celebrities.
(Round to one decimal place as needed.)
C.
We are confident that
95%
of all celebrities have a net worth between
$enter your response here
million and
$enter your response here
million.
(Round to one decimal place as needed.)
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