Question
Listed below are the amounts of net worth(in millions ofdollars) of the ten wealthiest celebrities in a country. 90% confidence interval. 255 200 186 170
Listed below are the amounts of net worth(in millions ofdollars) of the ten wealthiest celebrities in a country. 90% confidence interval.
255 | 200 | 186 | 170 | 167 | 157 | 157 | 157 | 157 | 157 |
Part 1
What is the confidence interval estimate of the population mean
?
$[ ]million<<$[ ]million
(Round to one decimal place asneeded.)
Part 2
What does the result tell us about the population of allcelebrities?
A.
Because the ten wealthiest celebrities are not a representativesample, thisdoesn't provide any information about the population of all celebrities.
B.
We are
90%
confident that the interval from
$
million to
$
million actually contains the true mean net worth of all celebrities.
C.
We are confident that
90%
of all celebrities have a net worth between
$
million and
$
million.
Part 3
Do the data appear to be from a normally distributed population asrequired?
A.
No, but the points in the normal quantile plot lie reasonably close to a straight line and show some systematic pattern that is a straight line pattern.
B.
Yes, but the points in the normal quantile plot do not lie reasonably close to a straight line or show a systematic pattern that is a straight line pattern.
C.
No, because the points lie reasonable close to a straightline, but there is a systematic pattern that is not a straight line pattern.
D.
Yes, because the pattern of the points in the normal quantile plot is reasonably close to a straight line.
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