Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval. What does the result tell us about the...


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Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval. What does the result tell us about the population of all celebrities? Do the data<br>appear to be from a normally distributed population as required?<br>270<br>199<br>194<br>164<br>155<br>154<br>148<br>148<br>148<br>148<br>$ 132.6 million <u<$ 213.0 million<br>(Round to one decimal place as needed.)<br>What does the result tell us about the population of all celebrities? Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice.<br>O A. Because the ten wealthiest celebrities are not a representative sample, this doesn't provide any information about the population of all celebrities.<br>O B. We are 99% confident that the interval from S<br>million to $ million actually contains the true mean net worth of all celebrities.<br>(Round to one decimal place as needed.)<br>O C. We are confident that 99% of all celebrities have a net worth between $<br>million and $<br>million.<br>(Round to one decimal place as needed.)<br>

Extracted text: Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 270 199 194 164 155 154 148 148 148 148 $ 132.6 million
Jun 08, 2022
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