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Author Question: It is desired to estimate the average total compensation of CEOs in the publishing industry. Data ... (Read 109 times)

crobinson2013

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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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Answer to Question 1

B

Answer to Question 2

A




crobinson2013

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


ebonylittles

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Reply 3 on: Yesterday
:D TYSM

 

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