This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: It is desired to estimate the average total compensation of CEOs in the publishing industry. Data ... (Read 119 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


crobinson2013

  • Member
  • Posts: 535
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
Examples of Impacts Associated with Different Amounts of Global Average Temperat Examples of Impacts Associated with Different Amounts of Global Average Temperat
Selected Complications of Total Parenteral Nutrition Selected Complications of Total Parenteral Nutrition
How to fit an exponential model to data How to fit an exponential model to data
Food policy can drive the food industry Food policy can drive the food industry
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Introduction to Genetics

For a complete list of videos, visit our video library