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3.11. Population Variance Unknown, T-Score - Exercise

This document provides tasks to calculate statistics and a 99% confidence interval for a given dataset of salaries. It instructs the user to calculate the mean and standard error, determine which statistic to use for inference considering degrees of freedom, find the appropriate statistic for a 99% confidence interval, and then calculate the 99% confidence interval using the dataset provided.

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Anuj Kaushik
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48 views2 pages

3.11. Population Variance Unknown, T-Score - Exercise

This document provides tasks to calculate statistics and a 99% confidence interval for a given dataset of salaries. It instructs the user to calculate the mean and standard error, determine which statistic to use for inference considering degrees of freedom, find the appropriate statistic for a 99% confidence interval, and then calculate the 99% confidence interval using the dataset provided.

Uploaded by

Anuj Kaushik
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Confidence intervals, t-score

Background You are given the dataset from the lesson


Task 1 Calculate the mean and the standard error of the dataset
Task 2 Determine which statistic to use for inference
Task 3 Find the appropriate statistic, taking into consideration the degrees of freedom (if applicable) for 99% confidence
Task 4 Find the 99% confidence interval

Dataset
$ 78,000
$ 90,000
$ 75,000
$ 117,000
$ 105,000
$ 96,000
$ 89,500
$ 102,300
$ 80,000
99% confidence

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