A sample of 20 CEOS shows total annual compensations ranging from a minimum of $0.1 to $62.57 million. The average for these 20 CEOS is $34.110 million. 60 20 40 60 80 40 Total compensation in...


A sample of 20 CEOS shows total annual compensations<br>ranging from a minimum of $0.1 to $62.57 million. The average<br>for these 20 CEOS is $34.110 million.<br>60<br>20 40<br>60<br>80<br>40<br>Total compensation in millions<br>Total compensation in millions<br>The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOS is (-8.05,76.27) SM. Why should you be hesitant to<br>trust this confidence interval?<br>Choose the correct answer below.<br>O A. The assumptions and conditions for a t-interval are not met. The distribution has a large outlier that is pulling the mean higher.<br>O B. The assumptions and conditions for a t-interval are not met. The distribution is too skewed for a sample size of only 20.<br>OC. The assumptions and conditions for a t-interval are not met. The distribution is bimodal.<br>O D. The assumptions and conditions for a t-interval are met. The confidence interval is satisfactory.<br>Number of CEOS<br>

Extracted text: A sample of 20 CEOS shows total annual compensations ranging from a minimum of $0.1 to $62.57 million. The average for these 20 CEOS is $34.110 million. 60 20 40 60 80 40 Total compensation in millions Total compensation in millions The histogram and boxplot are shown above. Based on these data, a computer program found that a 95% confidence interval for the mean annual compensation of all CEOS is (-8.05,76.27) SM. Why should you be hesitant to trust this confidence interval? Choose the correct answer below. O A. The assumptions and conditions for a t-interval are not met. The distribution has a large outlier that is pulling the mean higher. O B. The assumptions and conditions for a t-interval are not met. The distribution is too skewed for a sample size of only 20. OC. The assumptions and conditions for a t-interval are not met. The distribution is bimodal. O D. The assumptions and conditions for a t-interval are met. The confidence interval is satisfactory. Number of CEOS

Jun 08, 2022
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