Multiple Choice
Exhibit 8-3.Professors of Accountancy are in high demand at American universities.A random sample of 28 new accounting professors found the average salary was 135 thousand dollars with a standard deviation of 16 thousand dollars.Assume the distribution is normally distributed. Refer to Exhibit 8-3.Construct a 95% confidence interval for the salary of new accounting professors.Answers are in thousands of dollars.
A) [102.1680,167.832]
B) [127.8247,142.1753]
C) [128.7953,141.2047]
D) [129.0735,140.9265]
Correct Answer:
Verified
Correct Answer:
Verified
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