Is it reasonable to assume that the conditions for constructing a confidence interval for the mean compensation are satisfied? Explain. It (Choose one) |reasonable to assume the conditions are satisfied.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 8SGR
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Big salary for the boss: Following is the total compensation, in millions of dollars, for Chief Executive Officers at 17 large U.S. corporations, along with a
boxplot of the data.
9.15 2.32 23.84 13.12 9.91 6.39 2.19
4.28 3.18 2.75 4.64 6.05 6.59 11.31
8.20 25.84 2.85
10
15
20
25
30
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Is it reasonable to assume that the conditions for constructing a confidence interval for the mean compensation are satisfied? Explain.
It (Choose one)
reasonable to assume the conditions are satisfied.
Transcribed Image Text:Big salary for the boss: Following is the total compensation, in millions of dollars, for Chief Executive Officers at 17 large U.S. corporations, along with a boxplot of the data. 9.15 2.32 23.84 13.12 9.91 6.39 2.19 4.28 3.18 2.75 4.64 6.05 6.59 11.31 8.20 25.84 2.85 10 15 20 25 30 Send data to Excel Part: 0 / 2 Part 1 of 2 Is it reasonable to assume that the conditions for constructing a confidence interval for the mean compensation are satisfied? Explain. It (Choose one) reasonable to assume the conditions are satisfied.
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