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The Chartered Financial Analyst ( CFA ) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three

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, the
designation often results in a promising career with a lucrative salary. A student of finance is curious about
the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and
computes a mean salary of $146,000 with a standard deviation of $23,000. Use this sample information to
determine the 99% confidence interval for the average salary of a CFA charterholder.
Note: Round your final answers to the nearest whole number.
Confidence interval
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