Question
V. Suppose that from the following universe corresponding to the monthly salaries of the past six presidents of the company EMI inc. it is specified
V. Suppose that from the following universe corresponding to the monthly salaries of the past six presidents of the company EMI inc. it is specified that all possible samples of size "3" are drawn without repetition. (Universe values = $ 8,600; $ 8,725; $ 8,475; $ 9,010; $ 8,885; $ 8,935). With this information, the financial analyst wishes to prove the Central Limit Theorem and find the possible confidence intervals of the sample means with a significance level of 90%.
I need to know the best method to solve this problem in excel with a clear explanation of the results.
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