True/False
TABLE 8-3
To become an actuary,it is necessary to pass a series of 10 exams,including the most important one,an exam in probability and statistics.An insurance company wants to estimate the mean score on this exam for actuarial students who have enrolled in a special study program.They take a sample of 8 actuarial students in this program and determine that their scores are: 2,5,8,8,7,6,5,and 7.This sample will be used to calculate a 90% confidence interval for the mean score for actuarial students in the special study program.
-True or False: Referring to Table 8-3,for the confidence interval to be valid,it is necessary that test scores of students in the special study program on the actuarial exam be normally distributed.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: An economist is interested in studying the
Q46: TABLE 8-4<br>The actual voltages of power packs
Q122: TABLE 8-11<br>A poll was conducted by the
Q123: TABLE 8-10<br>A sales and marketing management magazine
Q124: TABLE 8-5<br>A sample of salary offers (in
Q125: TABLE 8-11<br>A poll was conducted by the
Q127: TABLE 8-5<br>A sample of salary offers (in
Q129: TABLE 8-11<br>A poll was conducted by the
Q131: TABLE 8-7<br>A hotel chain wants to estimate
Q184: The head librarian at the Library of