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Author Question: It is desired to estimate the average total compensation of CEOs in the publishing industry. Data ... (Read 98 times)

crobinson2013

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on: Jun 24, 2018
It is desired to estimate the average total compensation of CEOs in the publishing industry. Data were randomly collected from 18 CEOs and 95 confidence interval was calculated to be (2,190,000 . 4,720,000). Based on the interval above, do you believe the actual average total compensation of CEOs in the publishing industry could be 3,000,000?
 a. Yes, and I am sure of that.
  b. Yes, and I am 95 confident of that.
  c. No, and I am sure of that.
  d. No, and I am 95 confident of that.

Question 2

In a multiple regression model, the probability distribution of the error variable is assumed to be:
 a. normal. c. positively skewed.
  b. non-normal. d. negatively skewed.


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emsimon14

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


crobinson2013

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Reply 2 on: Jun 24, 2018
Excellent

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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