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Please tell me how you do it, and not just the answer. There's more to the excel sheet, so I want to be able to

Please tell me how you do it, and not just the answer. There's more to the excel sheet, so I want to be able to apply the formulas to get the true answer

  1. Using the CEO Pay worksheet to calculate the confidence intervals for the following:
    • Calculate the confidence intervals for the following alpha values, for the true population mean of CEO pay. Assume the population variance is 19,500,000,000,000.
      1. a=0.10
      2. a=0.05
      3. a=0.01
    • Calculate the confidence intervals for the following alpha values, for the true population proportion of CEOs who are male:
      1. a=0.10
      2. a=0.05
      3. a=0.01
Median Worker CEO
Annual Pay Annual Pay
(Cash) (Cash) Gender Gender (1 if Male)
$27,900 $12,105,481 M 1
$59,900 $23,652,883 M 1
$71,400 $26,208,003 M 1
$22,400 $7,330,584 F 0
$54,800 $17,047,636 M 1
$55,800 $16,819,942 M 1
$33,900 $9,665,925 F 0
$81,600 $22,767,851 M 1 2a) Mean CEO Comp.
$50,100 $11,930,391 M 1 Sample Size
$54,700 $12,779,784 M 1 Population Variance 19,500,000,000,000
$92,900 $21,565,325 M 1
$79,400 $18,263,525 M 1 2b.) Sample Portion
$62,000 $13,649,028 M 1 Sample Size
$51,100 $10,947,607 M 1

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